ABB: Shaping a leader focused in digital industries
Fundamental actions to focus, simplify and lead in digital industries for enhanced customer value and shareholder returns– Focus of portfolio on digital industries through divestment of Power Grids · Divestment of Power Grids to Hitachi expands existing partnership and strengthens Power Grids as a global infrastructure leader with enhanced access to markets and financing · Enterprise Value of $11 billion for 100% of Power Grids, equivalent to an EV/op. EBITA multiple of 11.2x[1]