RoboticsFinancial Times2h ago

China has told SoftBank it will not allow the $5.4B acquisition

Sources: China has told SoftBank it will not allow the $5.4B acquisition of ABB's robotics division to go ahead; China is the division's biggest market

Swiss-Swedish company's unit is focused on Chinese market and has mega-factory in Pudong — China has told SoftBank it will not allow …

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Source: Financial Times · Opens in new tab