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Stock impact report

Norway's AutoStore valued at $12 bln, country's biggest IPO in two decades [Financial Post (Toronto, Ontario, Canada)]

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Financial Post
crowns per share, the top of its target range, valuing the company at 103.5 billion crowns ($12.4 billion). SoftBank-backed AutoStore will be Norway's most valuable new listing for two decades when it goes public on Euronext's Oslo Stock Exchange later on Wednesday. Wish you could join a 'Squid Game'? Here's a safer plan to escape debt Advertisement The company raised 2.7 billion crowns in cash from the issue of new shares, while existing owners such as Thomas H. Lee Partners, EQT and others sold stock worth 15.3 billion crowns. Advertisement Article content Following the IPO, the free float of AutoStore shares will amount to about 17.4% of the overall equity, depending on the bookrunners' use of an over-allotment option, also known as a greenshoe, the company has said. Founded in 1996, AutoStore has 20,000 robots deployed across more than 35 countries to automate warehouses. The company uses robots to store and retrieve products, allowing customers to store four times Show less Read more
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