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

Economic Times Techen

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

Softbank had agreed to buy ABB's robotics business in October last year, as CEO Masayoshi Son sought to establish SoftBank as a core player in the development of artificial intelligence.

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