News about ABB: events, facts and developments on tafs uz.
2 stories
China's foreign investment review authority has blocked SoftBank's $5.375 billion acquisition of ABB's robotics business. ABB confirmed the decision but did not state its reasons; the deal has not yet been terminated.
Aziz KarimovAzerbaijan's ABB Financial Group has completed the acquisition of a controlling stake in Uzbekistan's Davr Bank and launched the ABB DAVR project in Tashkent. We look at what is known about the deal, the results the bank has achieved, and why its international ratings are higher than Uzbekistan's sovereign ratings.
Otabek Yusupov
