ABB, SoftBank weigh China carve-out to salvage robotics deal – Bloomberg (ABBNY:OTCMKTS)


ABB subsidary in Krakow city.

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ABB (ABBNY) and SoftBank (SFTBF) (SFTBY) are exploring ways to salvage a blocked transaction, including carving out the Chinese element of ‌a $5.4B robotics deal which was blocked last week by the Chinese government, Bloomberg reported over the weekend.

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