ABB’s Turbocharger Business Could Be Spun Off: CEO

The video discusses the sale of three non-core business divisions, including turbocharging, mechanical power, and power conversion. The company is not in a hurry to sell and aims to find the right buyers. The discussion covers the valuation of these divisions, their financial performance, and the impact of the macro environment, including the pandemic. The company is focused on sustainability, aiming to become carbon neutral by 2030, and is looking forward to opportunities under the Biden administration's green agenda.

What are the three big divisions mentioned in the text?

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What material interests are discussed in relation to the businesses for sale?

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How does the speaker describe the performance of the assets they are considering selling?

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What is the significance of the turbocharger business according to the speaker?

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What challenges does the speaker mention regarding the current economic situation?

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What are the expected outcomes of Biden's green agenda for the business?

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What is ABB's target for reducing CO2 emissions by 2030?

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