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ABB reportedly weighs multibillion-dollar sale of robotics unit, recasts spin-off plans

Swiss conglomerate ABB is reevaluating plans to spin off its robotics division and is now exploring a possible sale instead, sources familiar with the matter said. The move represents a significant strategic shift under new CEO Morten Wierod, as the company navigates intensifying market competition and geopolitical uncertainty in the global robotics sector.