technology · 5 November 2026

SoftBank's $5.4 Billion ABB Robotics Takeover Blocked by China Authorities

The sale of ABB Robotics, a company held by a Swiss conglomerate, to SoftBank of Japan has been halted by Chinese authorities.

This action occurs amidst broader examinations of international deals.

Such scrutiny could potentially impact the technological aspirations of Beijing.

The intervention effectively blocked SoftBank's proposed acquisition of the robotics firm.

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Reported across 1 source

NYT Businessnytimes.com

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