Sycamore, Franchise Group Submit Bids for Kohl’s

Kohl’s Corp. received bids from private equity firm Sycamore Partners and retail holdings Franchise Group Inc., according to people familiar with the matter.

Sycamore’s bid valued the Wisconsin department store chain at an average of $50sa, while the Franchise Group put it at around $60, which, some said, equates to about $7 billion or $8 billion. Shares of Kohl closed Thursday at $41.18. Sycamore, Franchise Group Submit Bids for Kohl’s

Edmund DeMarche is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – The content will be deleted within 24 hours.

Related Articles

Back to top button