Global marketsUpdated November 8

SoftBank and ABB weigh separating China business to salvage robotics deal

Asharq Business with Bloomberg reports that SoftBank and ABB are considering separating the China business after Beijing objected to the planned $5.4 billion purchase of ABB’s robotics unit. The report links the objection to concerns about protecting data and technology. The separation remains under consideration; the report does not say it has been completed or approved by Chinese authorities.

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Coverage started November 8