December 02 - 09:12
11D
Ocado to fund robotic warehouses with $642 million bond
Ocado has launched a $642 billion bond issue to fund the building of robotic warehouses for overseas partners. The online grocer, based in the UK, has tech partnerships with major retailers abroad including Kroger, Casino and Aeon. Goldman Sachs International and JP Morgan Cazenove are the joint bookrunners for the bond.
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