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

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    05/11/2026 03:11
    China blocks SoftBank’s $5.4 billion takeover of ABB’s robotics division, FT reports
    Nov 5 (Reuters) - China has told SoftBank 9984.T it will not allow the $5.4 billion acquisition of ABB’s ABBN.S robotics division to go ahead, the Financial Times reported on Thursday, citing multiple people familiar with the matter. 
    Reuters could not immediately verify the report.

     (Reporting by Sumedha Mukherjee in Bengaluru; Editing by Mrigank Dhaniwala)
     ((Sumedha.Mukherjee2@thomsonreuters.com))

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