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Investors find returns in industrial conglomerates with digital divisions

Wed, Oct 25, 2017 - 5:50 AM

ABB is winning investors' attention thanks to its robotics segment, although oil & gas, mining and other industries still account for more than 40 per cent of company revenues.

PHOTO: REUTERS

London

INVESTMENT funds seeking to invest at the intersection of Europe and technology are finding rich pickings in places that some may find surprising: sprawling industrials such as trains-to-turbines Siemens and engineering group ABB.

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