Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. ABB has plugged a big gap in its US coverage through an agreed $4.2bn bid for Baldor Electric Company, a ...

CLAYTON, Mo. (CN) - In two class actions, shareholders say Baldor Electric is selling itself too cheaply to ABB, a Swiss electrical company whose U.S. branch is based in North Carolina. The $4.2 ...

ABB, an automation company based in Zurich, and Baldor Electric Co., a manufacturer of industrial motors based in Fort Smith, Ark., have agreed that ABB ABB, an automation company based in Zurich, and ...

ZURICH, Switzerland - ABB Ltd. announced that it has completed its acquisition of Baldor Electric Co. The transaction, which was originally announced on Nov. 30, 2010, was valued at $4.2 billion, ...

Updated, Nov. 30. Can a merger between a leading supplier of industrial motors and a leading supplier of industrial drives break the historical tendency of U.S. manufacturing end-users to ...

SWISS engineering group ABB is to buy US industrial motors firm Baldor Electric Co for $3.1bn (£2bn) plus debt of $1.1bn. The move is aimed at closing a gap in ABB’s automation portfolio and boosting ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new moral hazard is emerging. As companies scrambled over the past two years to shore up balance sheets they ...

Fort Smith, Ark. – Baldor Electric Company, a Fort Smith, Arkansas†based manufacturer of energy-saving industrial electric motors, drives, mechanical power transmission products and generators, is ...

HIGH-TECH engineering manufacturer ABB has agreed a $3.1bn (£2bn) bid for US industrial electric motor maker, Baldor Electric Company. ABB will pay $63.50 per share in cash for NYSE-listed Baldor, a ...

The decision to divest the generator-set business is a strategic decision by ABB, as this business did not form a part of the company’s core portfolio business. In fiscal 2012, this division ...

ZURICH (Reuters) - Swiss engineering group ABB is to buy U.S. industrial motors firm Baldor Electric Co for $3.1 billion to capitalize on a global push for energy efficiency and boost its North ...