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China blocks SoftBank's $5.4 billion takeover of ABB's robotics division

This story is from 2026-11-05. It is preserved in the archive; the latest stories are on the live feed.

China's state planner has told SoftBank it will not approve its $5.4 billion acquisition of ABB's robotics division, the Swiss engineering group said Thursday, amid wider scrutiny of foreign deals affecting Beijing's technology ambitions.

Read the full story at South China Morning Post Tech ↗

Timeline · 2 reports

  1. 2026-11-05 11:23 · New York Times AI
    China Blocks SoftBank’s $5.4 Billion Robotics Takeover, Impeding Foreign Deals
  2. 2026-11-05 10:23 · South China Morning Post Tech
    China blocks SoftBank’s US$5.4 billion takeover of ABB’s robotics division

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