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Franchise Group mulls lowering bid for Kohl's closer to $50 per share - CNBC

(Reuters) -Franchise Group is considering lowering its bid for department store chain Kohl's Corp (NYSE:KSS) to closer to $50 per share from about $60 apiece, CNBC reported on...
Franchise Group mulls lowering bid for Kohl's closer to $50 per share - CNBC © Reuters. The Kohl’s label is seen on a shopping cart in a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid

(Reuters) -Franchise Group is considering lowering its bid for department store chain Kohl's Corp (NYSE:KSS) to closer to $50 per share from about $60 apiece, CNBC reported on Wednesday, citing a source familiar with the deal talks.

Shares in Kohl's fell more than 10% after the report.

Franchise is considering whether buying Kohl's is the best use of the Vitamin Shoppe owner's capital, according to the report.

Kohl's and Franchise Group (NASDAQ:FRG) did not immediately respond to Reuters requests for comment.

Earlier this month, Kohl's entered into exclusive negotiations with Franchise over a potential sale of the retailer, valuing it at nearly $8 billion.

Franchise, which also owns and operates the Buddy's Home Furnishings retail chain, was in talks to keep the Kohl's top management team, including its Chief Executive Michelle Gass, Reuters reported on Tuesday.

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27-06-2022 22:25:58 (UTC+7)

EUR/USD

1.0613

+0.0060 (+0.56%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

EUR/USD

1.0613

+0.0060 (+0.56%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

GBP/USD

1.2309

+0.0047 (+0.38%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (5)

USD/JPY

135.13

-0.04 (-0.03%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (2)

AUD/USD

0.6945

-0.0003 (-0.04%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (3)

USD/CAD

1.2873

-0.0021 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

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Buy (2)

Sell (7)

EUR/JPY

143.40

+0.74 (+0.52%)

Summary

↑ Buy

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Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

EUR/CHF

1.0137

+0.0029 (+0.28%)

Summary

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Sell (1)

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Buy (6)

Sell (2)

Gold Futures

1,823.05

-7.25 (-0.40%)

Summary

↑ Sell

Moving Avg:

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Sell (12)

Indicators:

Buy (0)

Sell (9)

Silver Futures

21.267

+0.108 (+0.51%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

Copper Futures

3.7800

+0.0355 (+0.95%)

Summary

Neutral

Moving Avg:

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Sell (3)

Indicators:

Buy (0)

Sell (7)

Crude Oil WTI Futures

109.03

+1.41 (+1.31%)

Summary

Buy

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Indicators:

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Brent Oil Futures

110.47

+1.37 (+1.26%)

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6.316

+0.035 (+0.56%)

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US Coffee C Futures

220.83

-2.42 (-1.08%)

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Indicators:

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Euro Stoxx 50

3,547.05

+13.88 (+0.39%)

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↑ Buy

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Indicators:

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S&P 500

3,924.75

+13.01 (+0.33%)

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↑ Buy

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DAX

13,207.29

+89.16 (+0.68%)

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Buy (7)

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FTSE 100

7,277.15

+68.34 (+0.95%)

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Sell (1)

Hang Seng

22,229.52

+510.46 (+2.35%)

Summary

↑ Sell

Moving Avg:

Buy (1)

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Indicators:

Buy (0)

Sell (8)

US Small Cap 2000

1,780.35

+17.89 (+1.02%)

Summary

↑ Buy

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Sell (0)

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Sell (0)

IBEX 35

8,269.68

+25.58 (+0.31%)

Summary

↑ Buy

Moving Avg:

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Sell (0)

BASF SE NA O.N.

42.860

+0.645 (+1.53%)

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↑ Buy

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Sell (2)

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Buy (5)

Sell (2)

Bayer AG NA

59.63

+1.84 (+3.18%)

Summary

↑ Buy

Moving Avg:

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Allianz SE VNA O.N.

181.60

+0.40 (+0.22%)

Summary

↑ Buy

Moving Avg:

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Sell (2)

Indicators:

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Sell (2)

Adidas AG

172.40

+2.04 (+1.20%)

Summary

↑ Buy

Moving Avg:

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Sell (4)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

5.984

+0.018 (+0.30%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Siemens AG Class N

104.14

+1.52 (+1.48%)

Summary

↑ Sell

Moving Avg:

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Sell (11)

Indicators:

Buy (2)

Sell (6)

Deutsche Bank AG

8.887

-0.032 (-0.36%)

Summary

Neutral

Moving Avg:

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Sell (4)

Indicators:

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Sell (3)

 EUR/USD1.0613↑ Buy
 GBP/USD1.2309Neutral
 USD/JPY135.13Neutral
 AUD/USD0.6945↑ Buy
 USD/CAD1.2873↑ Sell
 EUR/JPY143.40↑ Buy
 EUR/CHF1.0137↑ Buy
 Gold1,823.05↑ Sell
 Silver21.267↑ Sell
 Copper3.7800Neutral
 Crude Oil WTI109.03Buy
 Brent Oil110.47↑ Buy
 Natural Gas6.316↑ Buy
 US Coffee C220.83↑ Sell
 Euro Stoxx 503,547.05↑ Buy
 S&P 5003,924.75↑ Buy
 DAX13,207.29↑ Buy
 FTSE 1007,277.15↑ Buy
 Hang Seng22,229.52↑ Sell
 Small Cap 20001,780.35↑ Buy
 IBEX 358,269.68↑ Buy
 BASF42.860↑ Buy
 Bayer59.63↑ Buy
 Allianz181.60↑ Buy
 Adidas172.40↑ Buy
 Lufthansa5.984↑ Sell
 Siemens AG104.14↑ Sell
 Deutsche Bank AG8.887Neutral
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# So hôm qua # Chênh TG
SJC Eximbank6,775/ 6,845
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SJC HCM6,790/ 6,860
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SJC Hanoi6,790/ 6,862
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SJC Nhatrang6,790/ 6,862
(5/ -5) # 1,685
SJC Cantho6,790/ 6,862
(5/ -5) # 1,685
Cập nhật 27-06-2022 22:26:01
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Ngoại tệMua vàoBán ra
USD23.080,0023.390,00
EUR23.932,6125.273,13
GBP27.815,2929.001,83
JPY167,64177,48
KRW15,5718,97
Cập nhật lúc 18:53:21 27/06/2022
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