Abb shareholders approve accelleron spin-off

Zurich--(business wire)--the shareholders of abb approved the proposed spin-off of its accelleron turbocharging division at today's extraordinary general shareholders meeting of abb ltd held in zurich. the board of directors' proposal to spin off abb's market-leading turbocharging business by way of a dividend in kind of accelleron industries ltd's shares to abb's shareholders was supported with 99.72 percent of the votes. abb will distribute to its shareholders, on a pro rata basis, as a divid
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