China Blocks SoftBank’s $5.4B ABB Robotics Deal

China halts SoftBank’s $5.4 billion acquisition of ABB’s Chinese robotics operations.

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Nov 5, 2026

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China Blocks SoftBank’s $5.4B ABB Robotics Deal

China halts SoftBank’s $5.4 billion acquisition of ABB’s Chinese robotics operations.

In brief

China halts SoftBank’s $5.4 billion acquisition of ABB’s Chinese robotics operations. China blocked SoftBank’s $5.4 billion plan to buy ABB’s robotics division in China, affecting a major operation including a $150 million Shanghai factory. Originally reported by AI Insider.

China Blocks SoftBank’s Deal

China blocked SoftBank Group’s proposed $5.4 billion acquisition of ABB Robotics’ operations in China.

Regulatory Obstacle

China’s Office of the Working Mechanism for Foreign Investment Security Review prohibited the acquisition.

Transaction Details

Transaction Details

ABB agreed to sell its robotics division to SoftBank for $5.375 billion in October 2025.

China’s Impact

The decision affects ABB’s $150 million Shanghai factory and follows China’s intervention in Meta’s $2 billion Manus deal.

The one thing

China blocked SoftBank’s $5.4 billion plan to buy ABB’s robotics division in China, affecting a major operation including a $150 million Shanghai factory.

Read the original on AI Insider

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