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Rotork plc

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ABB Beats Q2 Profit, Buys Rotork $5.5bn

ABB reported Q2 revenue of $9.48 bn, up 14% YoY, and operating EBITA of $1.93 bn, up 20%, beating forecasts. ABB announced an all‑cash acquisition of Rotork plc for about $5.5 bn, offering 503 pence p