Monday, April 25, 2022

JCPenney to Buy Kohl's?

This is noteworthy.

Simon Property Group (SPG) and Brookfield Asset Management (BAMR), the new owners of JCPenney, have allegedly made an offer to acquire department store retail chain Kohl's for $8.6 billion, New York Post reports, citing sources close to the talks. ...

Yah, well, Hudson's Bay Co. is also interested as are a couple of private-equity company shredders.

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