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ABB Agrees To Buy Aurora Motors

November 05, 2024 — 10:37 am EST

Written by RTTNews.com for RTTNews->

(RTTNews) - ABB Ltd. (ABB, ANN.L), Tuesday announced the decision to acquire Aurora Motors, a $4 million U.S. Vertical Pump Motors provider. The financial terms of the deal have not been disclosed.

The company expects the transaction to expand its global presence, enhance innovations.

Currently, ABB's stock is trading at $56.57, up 1.36 percent on the Other OTC Markets.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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