UPDATE 1-Ocado to buy two robotics companies for $287 mln

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LONDON, Nov 2 (Reuters) - Ocado, the British online
supermarket and technology group, said on Monday it would buy
two robotics companies for a total of $287 million.

The group said it was buying Kindred Systems Inc for $262
million and Haddington Dynamics Inc for $25 million.

Ocado also upgraded the full-year core earnings outlook for
Ocado Retail Ltd, its joint venture with Marks & Spencer
, due to strong fourth quarter trading so far.

It expects full year earnings before interest, depreciation
and amortisation (EBITDA) for Ocado Retail to be over 60 million
pounds, versus previous guidance of over 40 million pounds.
(Reporting by James Davey, editing by Louise Heavens and Paul
Sandle)