Why it matters
The proposed change could affect the companies’ deal and the handling of investments involving China. The article gives no specific direct effect on U.S. businesses, markets or consumers.
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SoftBank and ABB are considering a China carve-out after China’s foreign-investment security review office halted their planned $5.4 billion deal, The Japan Times reports. The supplied article does not say whether the companies will reach an agreement or when a decision is expected.
HOW THIS BRIEF WAS MADE 1 outlet: 1 international. Automated sourcing and summaries by the BLUF engine. Corrections
The proposed change could affect the companies’ deal and the handling of investments involving China. The article gives no specific direct effect on U.S. businesses, markets or consumers.