(Bloomberg) -- Cevian Capital AB may be unhappy about ABB Ltd.'s power-grids division, but it at least can take solace in the fact that the value of its stake in the Swiss company has increased since it boosted its holdings in 2015. That might not be enough to satisfy the activist investor when ABB holds its capital markets day in Zurich on Tuesday: Cevian has said that it wants ABB to spin off the unit.
To contact the reporters on this story: Alice Baghdjian in Zurich at abaghdjian@bloomberg.net, Albertina Torsoli in Geneva at atorsoli@bloomberg.net. To contact the editors responsible for this story: Tara Patel at tpatel2@bloomberg.net, Zoe Schneeweiss
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