(Fox Business) According to SEC filings, Swedish activist hedge fund Cevian Capital held more than 132 million shares of ABB Ltd. (NYSE: ABB) in September, worth around $3 billion at today’s pricing. That’s 6.2% of the of the utility, industrial and transportation-focused company’s shares, and it signals Cevian’s determination to unlock value from ABB’s portfolio of companies…
This Hedge Fund Bought $3 Billion of ABB Ltd Stock: Should You, Too?
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