TechBloomberg Tech1h ago
SoftBank, ABB Consider China Carve-Out to Salvage Robotics Deal
TL;DRSoftBank and ABB may split their robotics deal to get around China's blocking.
Why it matters: China's regulatory power over major tech deals affects global M&A strategy and market consolidation.
SoftBank Group Corp. and ABB Ltd. are looking at carving out the Chinese part of a giant robotics deal as they explore ways to salvage a transaction blocked by Beijing, according to people familiar with the matter.
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