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ABB Robotics Sale Faces Regulatory Setback in China

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← All business news ABB Robotics Sale Faces Regulatory Setback in China
On 5 November, reports said China had blocked SoftBank’s planned USD 5.4 billion purchase of ABB’s robotics business in China, raising questions about the transaction’s future.
On 5 November, reports said China had blocked SoftBank’s planned USD 5.4 billion purchase of ABB’s robotics business in China, raising questions about the transaction’s future. Industrial automation suppliers, robotics firms and component manufacturers can explore alternative partnerships. Contact HPC for commercial coordination and sourcing support.
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