Tokyo-Listed SoftBank Shares Climb 13% After ABB Robotics Deal Boosts Outlook
Tokyo-listed shares of SoftBank Group (OTC:SFTBY) (OTC:SFTBF) jumped as much as 13% after the Japanese giant agreed to acquire Swiss engineering firm ABB‘s (OTC:ABBNY) Robotics unit in a deal valued at $5.4 billion.
Benzinga ·