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RBC Bearings Nears $3 Billion Deal for ABB’s Dodge Unit

Home / Stock Analysis / RBC Bearings Nears $3 Billion Deal for ABB’s Dodge Unit
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RBC Bearings Nears $3 Billion Deal for ABB’s Dodge Unit

25 Jul Stock Analysis

(Bloomberg) — RBC Bearings Inc. is in advanced talks to buy ABB Ltd.s mechanical power transmission business, according to people familiar with the matter.
A deal could be reached as soon as this week and value the business, known as Dodge, between $2.5…

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