IT - Technology

China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports

22795132
China has ​told SoftBank ‌it will not allow ​the $5.4 ​billion acquisition of ⁠ABB’s ​robotics division ​to go ahead, the Financial ​Times ​reported on Thursday, ‌citing ⁠multiple people familiar with ​the ​matter.

SEE MORE

More