ABB Is Said to Pick BofA, UBS for Potential Robotics Unit Deal
ABB said it plans to spin off and list its robotics unit in the second quarter of 2026.
Photographer: Martin LeisslABB Ltd. has selected Bank of America Corp. and UBS Group AG to arrange a potential deal for its robotics unit, according to people familiar with the matter.
The banks are working with ABB on preparing for a spinoff or sale of the robotics business, said the people, who asked not to be identified as the information is private.