Report
SoftBank and ABB reportedly weigh China carve-out to salvage $5.4 billion robotics deal
China is ABB’s largest robotics market, accounting for about 30% of its robotics business.
TLDR
SoftBank and ABB are reportedly considering separating the Chinese business to rescue their $5.4 billion robotics transaction after Beijing blocked it. The option would involve a separate entity with different ownership in a market accounting for about 30% of ABB’s robotics business. ABB is also reportedly considering another buyer. The discussions concern possible options, not an agreed restructuring.
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