SoftBank's cut-price purchase of the warehouse automation specialist adds to a string of losses, but companies like Berkshire Grey could point to a way forward.
SoftBank Group agreed this week to acquire portfolio company Berkshire Grey at a hefty discount, illustrating the issues the internet and telecommunications group has had with its investments.
The transaction will involve SoftBank, which reportedly owns a 28% stake, buying the shares it does not already hold in the publicly listed supply chain robotics producer for $375m, or $1.40 per share. Those shares were…
