Berkshire Grey Confirms SoftBank's Interest to Acquire Outstanding Shares
10 Febrero 2023 - 4:39PM
Noticias Dow Jones
By Kathryn Hardison
Berkshire Grey Inc. said Friday that it has received a
non-binding takeover offer from SoftBank Group Corp.
Berkshire Grey, an artificial intelligence-enabled robotic
solutions company, said SoftBank Group has proposed acquiring all
outstanding stock for $1.30 per share in cash.
Berkshire Grey had 233.3 million shares outstanding as of Feb.
9, according to FactSet.
The board plans to evaluate SoftBank's offer. The terms of any
potential agreement would be contingent on certain conditions,
including completion of a due diligence review and negotiation of
definitive transaction documents, the Bedford, Mass., company said
.
Berkshire Grey also said it is evaluating various alternative
options, including potential financing transactions.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
February 10, 2023 17:24 ET (22:24 GMT)
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