ABB accelerates transformationStage 2 of Next Level Strategy
London, United Kingdom, September 9, 2015: Capital Markets Day· Unlocking additional value through realignment of unique power & automation offering · New Power Grids division brings No. 1 power & automation offering to utilities, strategic portfolio review of this division initiated · New Electrification Products division combines leading low- and medium-voltage offering · Continuing focus on profitable organic growth complemented by value-creating M&A · $1 bn white-collar productivity savings by end of 2017 in addition to ongoing cost measures · $2 bn cash released from