SoftBank to take 40% stake in warehouse robotics firm AutoStore for $2.8 billion

SoftBank Group Corp has agreed to buy a 40% stake in AutoStore for $2.8 billion, the Norway-based robotics firm said on Monday, in yet another big investment by the conglomerate in warehouse automation technology that optimizes e-commerce operations. The Japanese company will acquire the stake from funds affiliated with AutoStore’s majority shareholder Thomas H. Lee […]

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