AcBel Completes Acquisition of the Power Conversion Division of ABB

Written by PR Newswire

TAIPEI, July 5, 2023 /PRNewswire/ -- AcBel Polytech Inc. ("AcBel") (TWSE: 6282) announced the successful completion of its acquisition of ABB Ltd's ("ABB") (SWX:ABBN) Power Conversion division ("Power Conversion"). The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS clearance.

Acbel Polytech Inc....

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