TE Connectivity (TE), a world provider in connectivity and sensors, and ABB, a world technology supplier in electrification products, robotics and motion, industrial automation and power grids, announced that TE has closed its previously announced acquisition of ABB’s Entrelec terminal block business.
TE Connectivity (TE), a provider in connectivity and sensors, announced that it has entered into exclusive negotiations with ABB to acquire ABB’s entrelec® terminal block business. The transaction is subject to the satisfaction of certain conditions including receipt of customary regulatory approvals and prior consultation with employee representative bodies.
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