Ocado to buy two robotics companies for US$287 million

FILE PHOTO: An Ocado delivery van is driven along a road in Hackney, London, Britain, April 2, 2020. REUTERS/Simon Newman/File PhotoThe group said it was buying Kindred Systems Inc for US$262 million and Haddington Dynamics Inc for US$25 million.Ocado also upgraded the full-year core earnings outlook for Ocado Retail Ltd, its joint venture with Marks & Spencer, due to strong fourth quarter trading so far.

It expects full year earnings before interest, depreciation and amortisation for Ocado Retail to be over 60 million pounds, versus previous guidance of over 40 million pounds.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Inspire Brands says to buy Dunkin' Brands donut company for US$8.8b[NEW YORK] Restaurant company Inspire Brands announced ON Friday it was buying Dunkin' Brands, owner of the Dunkin' donut and Baskin-Robbins ice cream chains, for US$8.8 billion. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »

Singtel's Optus to buy Australia MVNO Amaysim's mobile business for A$250mSINGAPORE Telecommunications' (Singtel) wholly-owned Australian subsidiary Optus Mobile is planning to fork out some A$250 million (S$239.7 million) to acquire the mobile service business of Amaysim Australia, before the latter winds up. Read more at The Business Times.
Fonte: BusinessTimes - 🏆 15. / 51 Leggi di più »