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Business news - 21 July 2022

 

ABB to spin off its turbocharging business

ABB announces its intention to spin off Accelleron by way of a dividend in kind of Accelleron Industries LtdÂé¶¹´«Ã½Ó³»­™s shares to ABBÂé¶¹´«Ã½Ó³»­™s shareholders.