ABB Weighs Sale of Robotics Arm as Alternative to Spinoff
An ABB Ltd. robot places personal computers in to final packaging boxes on the production line in Pencoed, UK.
Photographer: Chris Ratcliffe/BloombergABB Ltd. is exploring a potential sale of the robotics unit, which could be worth more than $3.5 billion, as an alternative to the main spinoff plan, according to people familiar with the matter.
The Swiss industrial giant is close to appointing advisers for a sale as well as the listing, which it announced last month, the people said, asking not to be identified because the talks are private.