ABB to Acquire Thomas & Betts for $3.9 Billion to Become Major Player in North American Low-Voltage Products Market

  ABB and Thomas & Betts announce agreement pursuant to which ABB will acquire Thomas & Betts for $72 per share in cash ABB gains access to Thomas & Betts network of more than 6,000 distributor locations and wholesalers in North America Transaction doubles ABB’s addressable low-voltage products market to approximately $24 billion in North [...]