SoftBank is set to achieve an exit as the warehousing robotics technology developer prepares to go public in Oslo on October 20.

AutoStore, a Norway-based warehouse automation technology provider backed by internet and telecommunications group SoftBank, has filed to raise up to NOK15.5bn ($1.8bn) in an initial public offering.

Shares will be offered on the Oslo Stock Exchange at between NOK27.00 and NOK31.00 ($3.16-$3.63) each, valuing AutoStore at up to $12bn.

The offering is set to take place on October 20 and will involve the company issuing about $315m in new shares while existing shareholders will divest up to $1.5bn.

Founded in…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn