ABB Receives Final Approval For Acquisition Of Thomas & Betts
NAW Staff, Monday 14 May 2012 - 11:37:02
ABB Ltd. and Thomas & Betts Corp. have announced that the European Commission has cleared ABB's proposed acquisition of Thomas & Betts.
The transaction has already been cleared by the U.S., Canadian and Turkish antitrust regulators. As announced on May 2, the merger also received approval by Thomas & Betts shareholders.
This EU antitrust clearance satisfies the last remaining regulatory condition to the acquisition. ABB and Thomas & Betts expect to close the transaction shortly.
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NAW Staff, Monday 14 May 2012 - 11:37:02
ABB Ltd. and Thomas & Betts Corp. have announced that the European Commission has cleared ABB's proposed acquisition of Thomas & Betts.
The transaction has already been cleared by the U.S., Canadian and Turkish antitrust regulators. As announced on May 2, the merger also received approval by Thomas & Betts shareholders.
This EU antitrust clearance satisfies the last remaining regulatory condition to the acquisition. ABB and Thomas & Betts expect to close the transaction shortly.
this content item is from North American Windpower
( http://www.nawindpower.com/naw/e107_plugins/content/content.php?content.9834 )