Brief: ABB To Divest Robotics Division To Softbank Group

SoftBank

08/10/2025 06:28

Oct 8 (Reuters) - Abb Ltd ABBN.S:

ABB TO DIVEST ROBOTICS DIVISION TO SOFTBANK GROUP

DIVESTMENT FOR AN ENTERPRISE VALUE OF $5.375 BILLION REFLECTS LONG-TERM STRENGTHS OF ROBOTICS BUSINESS AND CREATES IMMEDIATE VALUE FOR ABB SHAREHOLDERS

ABB TO DEPLOY DIVESTMENT PROCEEDS IN LINE WITH ITS CAPITAL ALLOCATION PRINCIPLES

TRANSACTION IS SUBJECT TO REGULATORY APPROVALS AND FURTHER CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO CLOSE INMID-TO-LATE2026.

EXPECTED SEPARATION COSTS RELATED TO DIVESTMENT ARE APPROXIMATELY $200 MILLION

ABB'S CURRENT BEST ESTIMATE OF TRANSACTION-RELATED CASH TAX OUTFLOWS IN RESPECT OF LOCAL BUSINESS CARVE-OUT IS IN RANGE OF $400 - $500 MILLION

AS OF Q4 2025, ROBOTICS DIVISION WILL BE REPORTED AS DISCONTINUED OPERATIONS

TRANSACTION IS SUBJECT TO REGULATORY APPROVALS AND FURTHER CUSTOMARY CLOSING CONDITIONS AND IS EXPECTED TO CLOSE INMID-TO-LATE2026

Source text: ID:nEQ5sPWQ2a

Further company coverage: ABBN.S

 (Gdansk Newsroom)

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