Walmart-backed Symbotic in talks to merge with SoftBank SPAC in $4.5 bln deal - Sky News

  • 10/18/2021
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Oct 18 (Reuters) - Walmart Inc-backed robotics and automation company Symbotic is in talks to merge with a blank-check vehicle backed by SoftBank Group Corp in a deal that would value the combined firm at $4.5 billion, Sky News reported here on Monday. Walmart and Symbotic did not immediately respond to Reuters requests for comment. (Reporting by Niket Nishant in Bengaluru) Our Standards: The Thomson Reuters Trust Principles.

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