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

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

REUTERS/Issei Kato

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.

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