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ABB To Acquire 51% Stake In Mitsubishi Electric Joint Venture For JPY 82.4 Bln

(RTTNews) - ABB Ltd. (ABB.ST, ABBNY), a technology company, on Tuesday announced that it will acquire a 51 percent controlling stake in a joint venture with Mitsubishi Electric Corp. (6503.T).

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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