Categories
Investment

ABB E-mobility raises approx. CHF200 mn in a pre-IPO private placement

ABB E-mobility, a global leader in electric vehicle (EV) charging solutions, announced that it has signed a pre-IPO private placement of approximately CHF200 million for newly issued shares, led by new minority investors. ABB E-mobility will use the proceeds to continue the execution of its growth strategy, driven by both organic and M&A investments in […]

Categories
Press Release

Stefan Widing To Succeed Björn Rosengren As New President And CEO of Sandvik

Sandvik’s Board of Directors appoints Stefan Widing as new President and CEO for Sandvik with effect no later than April 2020. Stefan Widing succeeds Björn Rosengren, who as previously announced leaves Sandvik as of 1 February 2020. Since 2015, Stefan Widing is the Executive Vice President of Assa Abloy and President of HID Global Corporation, […]