--ABB has hired Credit Suisse and Dyal to advise on options for its power-grid unit, indicating the Swiss engineering company is considering a sale of the $10-billion business, Bloomberg reports, citing unnamed sources.

--ABB's board is set to take a decision by the end of the year on whether or not to pursue a deal, Bloomberg says.

 

Full story: https://bloom.bg/2RXiFg0

 

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(END) Dow Jones Newswires

October 18, 2018 01:47 ET (05:47 GMT)

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