SoftBank, ABB seek to rescue $5.4bn robotics deal by splitting off China business

SoftBank and ABB are exploring a China carve-out to salvage their $5.4 billion robotics deal, Bloomberg News reports. The move follows China's reported block of SoftBank's acquisition of ABB's robotics business.

Detected & updated continuously · Source: Nebula

Story subjects

SoftBankABB

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula