SoftBank and ABB Explore China Carve-Out for $5.4 Billion Robotics Deal
SoftBank and ABB are considering carving out the deal’s China element after Beijing blocked the $5.4 billion robotics transaction, Bloomberg News reports, citing people familiar with the matter.
Japan's SoftBank and Swiss engineering group ABB are looking at carving out the Chinese element of a $5.4 billion robotics deal which was blocked earlier this week by Beijing, Bloomberg News reported on Saturday, citing people familiar with the matter.SoftBank TSE:9984 did not respond to requests f…