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Unite.AI
November 5th, 2026 at 12:09 PM

ABB Says China Barred SoftBank’s Purchase of ABB Robotics in China

ABB said on November 5, 2026 that SoftBank had informed it of a Chinese prohibition on the acquisition of the ABB Robotics business in China, creating a regulatory obstacle for the planned divestment, which has an enterprise value of $5.375 billion. The decision came from China’s Office of the Working Mechanism for Foreign Investment Security Review. SoftBank manages the process for obtaining the transaction’s regulatory approvals, which remain outstanding alongside customary closing…

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