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SoftBank, ABB Weigh China Carve-Out to Salvage Robotics Deal
Source: Bloomberg
M&A & RestructuringGeopolitics & WarRegulation & Legislation
SoftBank Group and ABB are reportedly considering carving out the Chinese portion of a major robotics deal as they seek to salvage the transaction, which Beijing has blocked. The companies' options are under exploration, according to people familiar with the matter; no deal value or timeline was reported.
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