ABB has agreed to sell its Robotics unit to SoftBank for $5.375 billion, abandoning plans to spin off the division. The sale will result in a pre-tax book gain of $2.4 billion and expected cash proceeds of $5.3 billion. Separation costs are estimated at $200 million. The division will be reported as discontinued operations in Q4 2025. (Source: RTTNews)
Read more at Nasdaq: ABB To Divest Robotics Division To SoftBank
