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The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The New York Post has learned.
The offer from Simon Property and Brookfield Asset Management - which together bought JCPenney out of bankruptcy in 2020 for $1.5billion - seeks to buy Kohl's at $68 a share.
/PRNewswire/ -- SmartTab is a digital health startup and is continuing its healthtech innovation through patient-centered drug delivery with an upcoming...
And there is still no end in sight to this. let's get some of the day's other news: an international investigation by reporters into credit suisse appears to show that its accounts held billions in assets for clients linked to crime. these allegedly include heads of state, businessmen subject to sanctions, as well as human rights abusers across the world. the bank has denied all allegations. billionaire investor carl icahn wants two of his own people on mcdonald's board. he's asking for better treatment for the pigs whose meat goes into the fast food chain's pork products. mr icahn owns about ...
As Kohl’s management considers 20+ acquisition offers, Canadian retailer Hudson’s Bay Co. has emerged as a front-runner, the NY Post reports.