China Blocks SoftBank's Acquisition Of ABB Robotics Business
China Blocks SoftBank's Acquisition Of ABB Robotics Business
ABB confirmed that China has prohibited SoftBank Group from acquiring its Robotics division, halting a planned $5.375 billion transaction and adding regulatory uncertainty to the deal announced in October 2025.
Source: Robotics — Web news discovery · Read original article ↗
Article text · Original source · English
ABB said China has prohibited SoftBank Group's proposed acquisition of its Robotics division, adding uncertainty to the planned $5.375 billion transaction.
The Swiss technology company confirmed that SoftBank informed it of the decision by China's Office of the Working Mechanism for Foreign Investment Security Review.
ABB announced the agreement to sell its Robotics business to SoftBank in October 2025. The transaction remains subject to regulatory approvals and customary closing conditions, with SoftBank responsible for managing the approval process.
ABB said it remains in close dialogue with SoftBank and that both companies are working constructively on the transaction. The proposed sale was valued at an enterprise value of $5.375 billion. ABB operates in electrification and automation and employs approximately 110,000 people worldwide.
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ABB said China has prohibited SoftBank Group's proposed acquisition of its Robotics division, adding uncertainty to the planned $5.375 billion transaction. The Swiss technology company confirmed that SoftBank informed it of the decision by China's Office of the Working Mechanism for Foreign Investment Security Review. ABB announced the agreement to sell its Robotics business to SoftBank in October 2025. The transacti
Open source S2
on remains subject to regulatory approvals and customary closing conditions, with SoftBank responsible for managing the approval process. ABB said it remains in close dialogue with SoftBank and that both companies are working constructively on the transaction. The proposed sale was valued at an enterprise value of $5.375 billion. ABB operates in electrification and automation and employs approximately 110,000 people
Open source S3
Source：Robotics — Web news discovery · rttnews.com