ABB divests Meyer Steel Structures business of Thomas & Betts to Trinity Industries for $600 million
Client(s) ABB Ltd.
Jones Day advised ABB Ltd, a leading power and automation technology group, in its sale of the Meyer Steel Structures business of ABB's Thomas & Betts subsidiary to Trinity Industries, Inc. in an all cash transaction for approximately $600 million.
In addition to M&A representation, Jones Day provided environmental, antitrust, labor, and tax advice regarding this transaction.