April 06 - 10:04
11D
SoftBank invests $2.8bn for 40% of robotics company AutoStore
SoftBank is to invest $2.8bn in robotics and software company AutoStore, meaning it will own 40% of the business. SoftBank said the deal will help to accelerate AutoStore's global expansion, with a particular emphasis on the Asia Pacific region. THL will continue to be AutoStore's majority shareholder and THL, SoftBank and EQT will each have representatives on AutoStore's Board of Directors.
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