SoftBank: China Blocks SoftBank's $5.4 Billion Robotics Takeover, Impeding Foreign Deals
Chinese authorities stopped the sale of ABB Robotics, owned by a Swiss conglomerate, to SoftBank of Japan amid wider scrutiny of global transactions that could affect Beijing's technology ambitions.
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President & CEO
Junichi Miyakawa
Softbank is a Japan-based multinational conglomerate investment holding company that operates businesses in sectors such as telecommunications and finance.
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