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高工咨询 · 微信公众号·· 4 days agoAI score30

SoftBank's $5.375 billion acquisition of ABB's robotics business rejected by China; pool cleaning robot company Wangyuan Technology seeks Hong Kong IPO | Weekly capital events

Summary

China's foreign investment security review working mechanism office has prohibited SoftBank's acquisition of ABB's robotics business in China, a transaction with an enterprise value of $5.375 billion; SoftBank says it is still proceeding with approval procedures. Pool cleaning robot company Wangyuan Technology has received a filing notice from the CSRC for overseas issuance and listing, and is seeking a Hong Kong IPO. This week also saw Agility Robotics list on Nasdaq under the ticker AGLT, with its humanoid robot Digit having accumulated more than 65,000 hours of operation.

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