SoftBank to acquire Berkshire Grey for $375 million

Berkshire Grey, a provider of AI-enabled robotic solutions, has entered into a definitive merger agreement with SoftBank Group Corp. SoftBank will acquire all outstanding shares not already owned for $1.40 per share in an all-cash transaction valued at approximately $375 million.

“After a thoughtful review of value creation opportunities available to Berkshire Grey, we are pleased to have reached this agreement with SoftBank, which we believe offers significant value to our stockholders.”berkshiregrey.com

• 2 sources
• berkshiregrey.comBerkshire Grey Enters Merger Agreement with SoftBank.cls-1 { fill: #fff, } Berkshire GreyMar 24, 2023
• robotics247.comBerkshire Grey Agrees to Merge With SoftBank Group and Go Private - Robotics 24/7Robotics 24/7 StaffMar 29, 2023

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