ABB, the Swiss engineering group has rai...
Fri, 28 Feb 2003
ABB, the Swiss engineering group has raised doubts over its ability to regain investor confidence by reporting a sharp fall in fourth quarter orders. ABB is now hoping to raise $2bn of much needed funding through disposals in its oil, gas and petrochemical divisions, with its building systems division and some remaining finance business slated for sale this year.
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