Summary: SoftBank Group agreed to buy ABB’s robotics business for $5.4 billion, marking a significant expansion into robotics for SoftBank. The deal, expected to close in 2026, will provide ABB with $5.3 billion in cash proceeds to invest in growth, acquisitions, and shareholder returns.

Link: https://www.channelnewsasia.com/business/softbank-buy-abbs-robotics-business-in-54-billion-deal-5389066