SVF Investment Corp. 3 (SVFC) to Combine with Symbotic in $4.8Bn Deal
SVF 3 (NASDAQ:SVFC) has entered into a definitive agreement to combine with AI supply chain technology firm Symbotic at an enterprise value of $4.75 billion, or 4.8x its 2023E revenue. Wilmington, Massachusetts-based Symbotic provides technology to either retrofit or build greenfield automated warehouses for the supermarket and retail supply chain. The combined company is expectedRead More