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.

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