ABB Acquires Rotork for $5.5 Billion in Strategic Move for Automation and Electrification
On July 16, 2026, ABB Ltd announced a cash offer to acquire Rotork plc, a UK-based provider of intelligent fluid control solutions, for approximately $5.5 billion. The offer, priced at 503 pence per share, represents a 60% premium over the average share price in the last three months. This acquisiti...