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Market
Will Symbotic announce another acquisition by end of 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases or announcements from Symbotic
Story
Symbotic Acquires Walmart's Robotics Division for $520 Million, $200M Cash Upfront, Shares Surge 16.74%
Jan 16, 2025, 12:34 PM
Symbotic Inc. has announced a strategic acquisition of Walmart's Advanced Systems and Robotics division, valued at $520 million. The deal includes an upfront payment of $200 million in cash, with the potential for an additional $350 million in contingent consideration. This acquisition is expected to enhance Symbotic's automated fulfillment capabilities. Following the announcement, Symbotic's shares surged, increasing by 16.74% in premarket trading, reflecting investor confidence in the company's growth prospects stemming from this partnership.
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5% to 10% • 25%
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Less than 5% • 25%
10% to 15% • 25%
Yes, a private company • 25%
Yes, a public company • 25%
Yes, both public and private companies • 25%
No acquisitions • 25%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
