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China Blocks SoftBank’s $5.4 Billion ABB Robotics Deal

First reported by The Information ·

The signal ●○○○ Brief pending · reported by The Information, Wall Street Journal, Nikkei Asia, New York Times, Reuters and 4 more
What happened

China has blocked SoftBank Group’s $5.4 billion acquisition of the robotics unit of ABB, a Swiss-Swedish electrical and automation technology company.

Source description shown. AI brief pending.

Robotics
Read on theinformation.com →

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