Kohl’s Says Adviser Goldman Has Talked to 20 Potential Buyers
- Some contacts include confidentiality agreements, company says
- Shares recover some ground after plunging earlier Monday
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Kohl’s Corp.’s financial adviser Goldman Sachs Group Inc. has engaged with more than 20 potential buyers, including various financial sponsors, fellow retailers and real-estate-focused investors, the company said in a regulatory filing Monday.
Some of those parties have entered into confidentiality agreements with the company and have been provided access to a data room and management presentations, and have been invited to submit proposals to acquire the company, Kohl’s said.