Home > News > Science and Tech > China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports

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

Written By: TDG Syndication
Last Updated: November 5, 2026 08:55:11 IST

Nov 5 (Reuters) – 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

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.