SoftBank Watch posted an update
SoftBank and ABB are considering carving out the Chinese part of their robotics deal as they look for a way to salvage the transaction, Bloomberg reports, citing people familiar with the matter.
Why it mattersThe deal was blocked by Beijing, according to the report. The companies are weighing a carve-out, but the account does not say what form it might take or whether it would secure approval. A boundary around the Chinese business could offer a path forward, though it may also reshape what the deal is worth. Would a carve-out be a sensible compromise, or should the companies walk away?
Discuss: Would a carve-out be a sensible compromise, or should SoftBank and ABB walk away?
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