AutoStore, Norway's biggest IPO in two decades, valued at $12.4 billion


FILE PHOTO: A woman walks past the Oslo Stock Exchange building in Oslo, Norway February 12, 2019. REUTERS/Gwladys Fouche

OSLO (Reuters) -Norwegian robotics firm AutoStore said on Wednesday it had priced its initial public offering (IPO) at 31 Norwegian crowns per share, the top of its target range, valuing the company at 103.5 billion crowns ($12.4 billion).

SoftBank-backed AutoStore will be Norway's most valuable new listing for two decades when it goes public on Euronext's Oslo Stock Exchange later on Wednesday.

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