11:53 - 9.10.2025
October 9, Fineko/abc.az. Shares of Japanese investment company SoftBank jumped 13% amid plans to buy the robotic division of Swiss firm ABB for $5.4 bn.
ABC.AZ reports that the deal is expected to strengthen SoftBank's position in the field of artificial intelligence. It will be closed in the 2nd half of 2026 after receiving regulatory approval in the United States, the EU and China.
The rise in SoftBank shares helped strengthen Japan's Nikkei 225 index, which rose 1.6% on Thursday morning, outperforming the broader Topix index.
