ABB to divest Robotics division to SoftBank Group
Switzerland, Oct. 8 -- ABB announced it has signed an agreement to divest its Robotics division to SoftBank Group Corp. ("SoftBank Group") for an enterprise value of $5.375 billion and not pursue its earlier intention to spin-off the business as a separately listed company. The transaction is subject to regulatory approvals and further customary closing conditions and is expected to close in mid-to-late 2026.As a result of the signing of the agreement ABB will adjust its reporting structure and move to three business areas. As of the fourth quarter 2025, the Robotics division will be reported as Discontinued operations. At the same time, the Machine Automation division, which together with ABB Robotics currently forms the Robotics & Discret...
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