The UK market continues to shrink with the announcement Rotork (LON:ROR) has agreed a cash offer from ABB (SWX:ABBN). The Swiss engineering giant has agreed to pay 506p per share, including a 3p dividend, representing a 73% premium to last night’s close. ‘Highly attractive business’ ABB, which specialises in automation and robotics, describes the UK … Continue reading Rotork agrees ABB offer at 73% premium