THL Initiates Partial Sale of Stake in AutoStore

11:52 AM EDT, 09/08/2026 (MT Newswires) -- Funds affiliated with Thomas H. Lee Partners, or THL, on Tuesday started an accelerated bookbuilding process to sell 103 million shares in AutoStore Holdings (AUTO.OL). The shares for sale represent 3% of the robotic and automation software developer's overall share capital, and 10.8% of THL's total stake, according to a same-day release. The offer expires on Wednesday. Following settlement of the transaction, THL will own 853 million shares, or a 24.9% stake, in AutoStore. ABG Sundal Collier and Citigroup Global Markets were tapped as joint global coordinators and bookrunners for the sale.