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China blocks SoftBank’s $5.4 billion ABB robot unit takeover

Marcus Chen
Managing Editor · Thursday, November 5, 2026 at 8:01 AM · 1 min read
 China blocks SoftBank’s $5.4 billion ABB robot unit takeover  — Tokyo Business news

The takeover was widely expected to bolster SoftBank's revenue and profit while it awaits a boost from OpenAI's public debut.

Up next Toyota hikes profit forecasts on strong demand, weak yen Business · 1 min read
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