The Department of Justice (DOJ) on Friday (Dec 2) announced that ABB has agreed to pay $315 million to settle US criminal charges for bribing state-owned Eskom of South Africa to get government contracts.

ABB agrees to pay $315 million to settle US criminal charges over South African bribes to gain contracts

Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout.

Hitachi to buy majority stake in ABB's power grid arm for $6.4 billion

ABB will be buying General Electric's Industrial Solution on a bet that it can improve lackluster margins at the unit over the next five years

ABB buys GE Business for $2.6 billion

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ABB agrees to pay $315 million to settle US criminal charges over South African bribes to gain contracts

Hitachi to buy majority stake in ABB's power grid arm for $6.4 billion

ABB buys GE Business for $2.6 billion