Home Technology China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports

China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports

China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports

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Published: November 5, 2026 09:02:06 IST

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Nov 5 (Reuters) – China has told SoftBank it will not allow the $5.4 billion acquisition of ABB’s robotics division to go ahead, the Financial Times reported on Thursday, citing multiple people

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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