© Reuters. The logos of Swiss power technology and automation group ABB and of Accelleron turbocharging company are seen in Baden, Switzerland September 6, 2022. REUTERS/Arnd Wiegmann
ZURICH (Reuters) – ABB shareholders approved on Wednesday spinning off turbocharging business Accelleron, whose products increase engine output and raise efficiency while also reducing fuel consumption.
ABB said in July it would spin off the business to shareholders with the aim of listing it on the SIX Swiss Stock Exchange in October.
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