MORE: Cevian, Investor AB May Set Up Vehicle for ABB Stake: HZ
2015-08-05 13:00:17.108 GMT
By Jan-Henrik Förster
(Bloomberg) -- Cevian, Investor AB may establish investment
vehicle in which they would integrate ABB stakes, Handelszeitung
reports without citing sources.
* Cevian wants to analyse whether ABB is best owner of all of
its business units and whether co. invests in right business
areas
* Such a move wouldn’t exclude a break-up of co., sale of
units
* Cevian said to plan raising ABB stake to 20%
* ABB shares up 2%, had risen as much as 4.4% to 2-week high
on article
* NOTE earlier: Cevian, Wallenberg’s Investor AB Said to Plan
Raising ABB Stake to 20%: HZ
For Related News and Information:
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First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editor responsible for this story:
Jan Schwalbe at +41-44-224-4106 or
jschwalbe6@bloomberg.net
2015-08-05 13:00:17.108 GMT
By Jan-Henrik Förster
(Bloomberg) -- Cevian, Investor AB may establish investment
vehicle in which they would integrate ABB stakes, Handelszeitung
reports without citing sources.
* Cevian wants to analyse whether ABB is best owner of all of
its business units and whether co. invests in right business
areas
* Such a move wouldn’t exclude a break-up of co., sale of
units
* Cevian said to plan raising ABB stake to 20%
* ABB shares up 2%, had risen as much as 4.4% to 2-week high
on article
* NOTE earlier: Cevian, Wallenberg’s Investor AB Said to Plan
Raising ABB Stake to 20%: HZ
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editor responsible for this story:
Jan Schwalbe at +41-44-224-4106 or
jschwalbe6@bloomberg.net