-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RFgk+AX+uACC2m0YfSiV3bSHhAmE+mCLLBRXmmINv1Jf/MBQv9qVq11Tdde1kQik IPBNYkBh1NzrLLdwh5kJLw== 0000950127-02-000966.txt : 20020918 0000950127-02-000966.hdr.sgml : 20020918 20020918153131 ACCESSION NUMBER: 0000950127-02-000966 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020918 FILED AS OF DATE: 20020918 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ABB LTD CENTRAL INDEX KEY: 0001091587 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16429 FILM NUMBER: 02766912 BUSINESS ADDRESS: STREET 1: PO BOX 8131 STREET 2: CH 8050 CITY: ZURICH SWITZERLAND STATE: V8 ZIP: 999999999 6-K 1 a945696.txt REPORT OF FOREIGN PRIVATE ISSUER SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of: September 2002 ABB Ltd --------------------------------------------------- (Exact name of registrant as specified in charter) N/A ----------------------------------------------------------- (Translation of registrant's name into English) Switzerland (Jurisdiction of organization) P.O. Box 8131, Affolternstrasse 44, CH-8050, Zurich, Switzerland ---------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, international: + 011-41-1-317-7111 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F X Form 40-F --- --- Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X --- --- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ----------------- This Form 6-K consists of the following: 1. Press release of ABB Ltd (the "Company"), dated September 18, 2002, announcing the sale of the Company's metering business. -2- Press Release For your business and technology editors ABB sells metering business for US$ 244 million Sale is part of strategy to focus on power and automation technologies Zurich, Switzerland, September 18, 2002 - ABB, the global power and automation technology group, said today it has sold its metering business to Ruhrgas Industries GmbH of Essen, Germany, for US$ 244 million on a cash and debt free basis. "Water and electricity metering is no longer a core business for ABB, and its divestment is part of our strategy to focus on power and automation technology products for our utilities and industry customers," said Jurgen Dormann, ABB's chairman and CEO. ABB said the proceeds from the sale would be used to further reduce its net debt. ABB's global water and electricity meter business is headquartered in Luton, U.K., and employs about 3,800 people in more than 30 countries. The business, part of the Automation Technology Products division, reported revenues of about US$ 450 million in 2001. The divestment is subject to customary regulatory approvals. ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impacts. The ABB Group of companies has about 150,000 employees in more than 100 countries. For further information please contact: Media Relations: Investor Relations: ABB Corporate Communications, Zurich Switzerland: Tel. +41 43 317 3804 Wolfram Eberhardt Sweden: Tel. +46 21 325 719 Tel: +41 43 317 6512 USA: Tel. +1 203 750 7743 Fax: +41 43 317 7958 investor.relations@ch.abb.com media.relations@ch.abb.com -3- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ABB LTD Date: September 18, 2002 By: /s/ BEAT HESS ----------------------------------- Name: Beat Hess Title: Group Senior Officer By: /s/ HANS ENHORNING ----------------------------------- Name: Hans Enhorning Title: Group Vice President -----END PRIVACY-ENHANCED MESSAGE-----