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Walmart-backed Symbotic and SoftBank SPAC in Talks for $4.5B Deal: Report

October 18, 2021
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Walmart-backed robotics and automation company Symbotic is in talks to merge with a blank-check vehicle backed by SoftBank Group in a deal that would value the combined firm at $4.5 billion, Sky News reported.

An agreement with SVF Investment 3 could be reached within weeks, the report said, citing an investor. Read more.

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