China blocks SoftBank's $5.4B takeover of ABB robotics unit

A major robotics M&A deal is stopped by Chinese regulators, shaping global robotics consolidation.

China blocked SoftBank's $5.4 billion acquisition of ABB's robotics division, which focuses on the Chinese market and has a mega-factory in Pudong.

Domain

industry

Read it at Financial Times →

Coverage: 3 sources, in order

1. 05 Nov 03:02 Financial Times Read the article →
2. 05 Nov 03:15 Reuters Read the article →
3. 05 Nov 03:15 Bloomberg Read the article →

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