NKT to buy ABB HV Cables in €836m deal, eyes offshore wind growth

Denmark’s NKT has agreed to acquire the high-voltage cable business of ABB in a deal that will create a major new force in the transmission sector serving the wind power market.

ABB has been reviewing its Power Grids operation
ABB has been reviewing its Power Grids operation
Published 21 September 2016, 07:54Updated 25 October 2016, 15:53
Middle East & AfricaOffshore