Cevian surprised about ABB’s paper business

As ABB’s Annual General Meeting was held yesterday, few shareholders had a full picture of the giant businesses, according to the Swedish magazine Dagens industry.

Tata Steel sells most of its European assets

United Kingdom, London: Following its earlier announcement of the decision to sell its poorly performing business in the U.K., India’s Tata Steel has sold its long products business assets in Europe to investment firm Greybull Capital.