China blocks SoftBank’s $5.4 billion ABB robot unit takeover
What the source said
“China blocks SoftBank’s $5.4 billion ABB robot unit takeover”
The takeover was widely expected to bolster SoftBank's revenue and profit while it awaits a boost from OpenAI's public debut.
Read at The Japan TimesReported by one source so far. It is confirmed when a second, independent source reports the same thing.