SoftBank to Take 40% Stake in Norway’s AutoStore

SoftBank to Take 40% Stake in Norway’s AutoStore

SoftBank Group Corp. agreed to pay $2.8 billion for a 40% stake in Norwegian warehouse-automation company AutoStore, marking another big bet by the Japanese conglomerate on robot-enabled technology. AutoStore is controlled by Thomas H. Lee Partners LP, while another...
Buyout firm Genstar raises over $10 bln for tenth midmarket fund

Buyout firm Genstar raises over $10 bln for tenth midmarket fund

Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its tenth flagship fund. The announcement comes less than two years after the buyout firm...