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China blocks SoftBank’s $5.4bn takeover of ABB’s robotics division
China's block of SoftBank's $5.4bn ABB robotics takeover signals regulatory intervention.
Context
What happened: China blocked SoftBank's $5.4bn takeover of ABB's robotics division, a unit focused on the Chinese market with a mega-factory in Pudong.
Key numbers: $5.4bn takeover value.
Why it matters: The block prevents SoftBank from completing the deal for a business closely tied to China, where the unit operates a mega-factory in Pudong.
What changed
China blocked SoftBank's $5.4bn takeover of ABB's robotics division, a unit focused on the Chinese market with a mega-factory in Pudong.
Why it matters
The block prevents SoftBank from completing the deal for a business closely tied to China, where the unit operates a mega-factory in Pudong.
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Nov 05, 2026 05:14 AM ET