SoftBank SPAC to take Symbotic public in $5.5 bln deal

By Reuters Staff

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Dec 13 (Reuters) – Symbotic, an artificial intelligence-based supply chain technology startup, said on Monday it would go public through a merger with a blank-check firm backed by SoftBank Group Corp in a deal valued at $5.5 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Vinay Dwivedi)


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Reuters Staff