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USA: Wal-Mart Stores is in advance discussions to Bonobos Inc

USA: Wal-Mart Stores is in advance discussions to Bonobos Inc

Abril 18, 2017

👤Periodista: María Alejandra Lopez Fuente: Business Insider 🕔18.Abr 2017

 

Wal-Mart Stores is in advance discussions to buy online men’s fashion retailer Bonobos Inc, Recode reported on Friday, citing sources.

Both the sides have agreed on a price and the deal is in its final stages, Recode said. The expected deal value could not be learned.

Read Also: Apple has an official permit to test self-driving cars in California

The deal, if announced, would come two months after the world’s largest retailer acquired online outdoor clothing and gear retailer Moosejaw for $51 million, to boost its competitive standing in U.S. e-commerce.

Wal-Mart did not respond to the requests for comment. Bonobos could not be immediately reached.

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