SoftBank shares soar on $5.4 bln deal for ABB robotics unit
PositiveFinancial Markets

SoftBank's shares have surged following their announcement of a $5.4 billion deal to acquire ABB's robotics unit. This acquisition is significant as it positions SoftBank to enhance its portfolio in the rapidly growing robotics sector, which is expected to play a crucial role in the future of automation and technology. Investors are optimistic about the potential for increased revenue and innovation, making this a pivotal moment for SoftBank.
— Curated by the World Pulse Now AI Editorial System