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ABB has announced a significant strategic shift, officially signing an agreement to divest its Robotics division to SoftBank Group. This divestiture is valued at an enterprise value of $5.375 billion, and the company has decided not to pursue its previous plan of spinning off the Robotics division as a separately listed entity. The deal is contingent upon receiving regulatory approvals and meeting standard closing conditions, with an expectation that the deal will be completed in mid-to-late 2026.