Deals·October 20, 2026 at 1:37 AM EDT·1 source
ABB to Pay $495 Million for Controlling Stake in Mitsubishi Electric Unit
ABLZF
acquisition, log scale$495M
$100M$1B$10B$100B
What happened
- ABB will pay $495 million for a controlling stake in a Mitsubishi Electric unit.
- The joint venture is intended to strengthen ABB’s position in Japan, with an option for full ownership.
Transaction value
$495 million
Why it matters
The transaction expands ABB’s presence in Japan and may create a path to full ownership of the Mitsubishi Electric unit. M&A professionals will watch the joint-venture structure and ownership option.
What to watch. Whether ABB exercises its option to take full ownership.
Deal terms
acquisition
ABB → Mitsubishi Electric unit
Value
$495M
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Timeline
- EarlierOct 18Europe’s industrial giants take diverging paths as they ride AI boom
- EarlierOct 20ABB Orders Surge Past Expectations as Data Centers Fuel 40% Jump
- First reported by The Wall Street JournalOct 20ABB to Pay $495 Million for Controlling Stake in Mitsubishi Electric Unit
Who is involved
acquiringABB to Pay $495 Million for Controlling Stake in Mitsubishi E…Mitsubishi Electric unittargetABBABLZF · buyer
CompanyThe deal
Sources (1)
- The Wall Street JournalOct 20ABB to Pay $495 Million for Controlling Stake in Mitsubishi Electric Unit
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