ABB Sees Buying Opportunities in the U.S., Hogan Tells Le Temps

ABB Ltd. (ABBN) may make more acquisitions in the U.S. following its agreement to buy Thomas & Betts Corp. (TNB), Chief Executive Officer Joe Hogan told Le Temps.

As the world’s biggest economy, the U.S. offers more buying opportunities, Hogan told the Swiss newspaper in an interview published today. ABB doesn’t envisage any purchase near the size of the Thomas & Betts acquisition, Hogan was quoted as saying.

To contact the reporter on this story: Klaus Wille in Zurich at kwille@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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