ABB Ltd. (ABB, ANN.L), Tuesday announced the decision to acquire Aurora Motors, a $4 million U.S. Vertical Pump Motors provider. The financial terms of the deal have not been disclosed.
The company expects the transaction to expand its global presence, enhance innovations.
Currently, ABB's stock is trading at $56.57, up 1.36 percent on the Other OTC Markets.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.