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ABB acquires 51% stake in Mitsubishi Electric joint venture

5 statements from 4 sources on Oct 20, 2026, 05:31–06:27 UTC
Part of Deals & M&A
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Statements (5)

  1. Bullish

    ABB and Siemens-Rivale have signed a record order for a joint venture with Mitsubishi Electric to expand business.

    manager-magazin.deHigh importance
  2. Bullish

    ABB is acquiring a controlling stake in Mitsubishi Electric Unit for $495 million

    wsj.comHigh importance
  3. Neutral

    ABB Ltd. is acquiring a 51 percent controlling stake in a joint venture with Mitsubishi Electric Corp.

    nasdaq.comHigh importance
  4. Bullish

    ABB is acquiring a 51% stake in a joint venture with Mitsubishi Electric for $495 million

    breakingthenews.netHigh importance
  5. Neutral

    ABB is acquiring a 51% stake in Mitsubishi Electric's low-voltage power distribution venture for $495 million

    breakingthenews.netHigh importance