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ABB LTD TO SELL AUSTRALIA & HK BUSINESSES TO DOWNER EDI.

Publication: AsiaPulse News
Publication Date: 30-APR-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SYDNEY, April 30 Asia Pulse - Global power and automation technology group ABB Ltd (Zurich) announced today it will sell its building systems businesses in Australia and Hong Kong to engineering services company Downer EDI Ltd (ASX:DPW).

Downer EDI will assume a regional workforce of around 400 from ABB...

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