Article: 'The sky is the limit' for ABB after US judge removes pounds 800m hurdle.(Business)

Byline: John Duckers Business Editor

ABB shares jumped yesterday in the wake of Thursday's decision by a US judge to approve a crucial pounds 800 million asbestos settlement.

It eases the way to the sale of the engineering group's oil, gas and petrochemicals unit needed to cut a potentially crushing debt load.

'An important hurdle has been overcome -it is certainly a relief for investors,' said Mark Diethelm, analyst at Zuercher ...

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