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nkt cables’ acquisition of ABB HV Cables approved by EC

Feb 27, 2017

nkt cables has entered into an agreement with ABB Group concerning the acquisition of the ABB high-voltage cables business.

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nkt cables has received confirmation from the EU Commission that the merger control procedure of the transaction has been finalised with a positive result and that the transaction can be completed as planned. Closing of the transaction will take place in due course.