China blocks SoftBank’s $5.4 billion takeover of ABB robotics unit

Briefing by News4U · First published 2026-11-05 10:50:59 UTC

China’s state planner told SoftBank it will not allow the $5.4 billion acquisition of ABB’s robotics segment to proceed, the Swiss firm said on Thursday, SCMP Business (Reuters) reported. [1]

Sources

1. China blocks SoftBank’s US$5.4 billion takeover of ABB’s robotics division

   SCMP Business (Reuters) · 2026-11-05 10:23:53 UTC · Summary only

Link to this briefing · Back to news