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China Blocks SoftBank Acquisition of ABB Robot Unit, FT Says

Bloomberg Technology Thursday 05 November 2026, 03:15 UTC By Mark Anderson 1 min read
Key Points

China Blocks SoftBank Acquisition of ABB Robot Unit, FT Says China has blocked SoftBank Group Corp.’s deal to acquire ABB Ltd.’s robots unit, the Financial Times reported, citing unidentified people. The deal was opposed by China’s powerful state planner, the National Development and Reform Commission, the newspaper reported. The Japanese AI investor was recently informed of the decision and is now trying to determine whether it can seek approval again, according to the report.

China Blocks SoftBank Acquisition of ABB Robot Unit, FT Says China has blocked SoftBank Group Corp.’s deal to acquire ABB Ltd.’s robots unit, the Financial Times reported, citing unidentified people. The deal was opposed by China’s powerful state planner, the National Development and Reform Commission, the newspaper reported. The Japanese AI investor was recently informed of the decision and is now trying to determine whether it can seek approval again, according to the report.
China Blocks SoftBank Acquisition (ORG) ABB Robot Unit (ORG) FT (ORG) China (LOCATION) SoftBank Group Corp.’s (ORG) ABB Ltd.’s (ORG) the Financial Times (ORG) the National Development and Reform Commission (ORG) Japanese (ORG)
Originally published by Bloomberg Technology Read original →

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