-+ 0.00%
-+ 0.00%
-+ 0.00%

Thomas H. Lee Partners Lowers Stake in AutoStore Holdings

MT Newswires·09/09/2026 02:21:07
Listen to the news
02:21 AM EDT, 09/09/2026 (MT Newswires) -- Thomas H. Lee Partners reduced its stake in AutoStore Holdings (AUTO.OL) to 24.9% from 27.9% by selling 103 million shares of the robotic and automation software developer. Funds associated with Thomas H. Lee Partners sold the shares at 15.60 Norwegian kroner per share for total proceeds of 1.61 billion kroner, according to a Wednesday release. The sale was executed through an accelerated bookbuilding process to eligible institutional and other professional investors. ABG Sundal Collier and Citigroup Global Markets acted as joint bookrunners.