Brief: ABB: Informed By Softbank That China Has Prohibited Acquisition Of ABB Robotics Business In China
BRIEF-ABB: Informed By Softbank That China Has Prohibited Acquisition Of ABB Robotics Business In China Nov 5 (Reuters) - ABB LTD ABBN.S:
INFORMED BY SOFTBANK THAT OFFICE OF WORKING MECHANISM FOR FOREIGN INVESTMENT SECURITY REVIEW IN CHINA HAS PROHIBITED ACQUISITION OF ABB ROBOTICS BUSINESS IN CHINA
ABB AND SOFTBANK ARE IN CLOSE DIALOGUE AND ARE WORKING CONSTRUCTIVELY ON TRANSACTION
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