China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
05 Nov 2026, 05:15 PM

China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals

T
TNY Times
@tnytimes
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing’s technology ambitions.
Source Credit: nytimes.com
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