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Stock impact report

Elis is said to make rebuffed bid for UniFirst amid Vestis talks, Bloomberg reports [Yahoo! Finance]

Unifirst Corporation (UNF) 
Last unifirst corporation earnings: 4/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.unifirst.com/investor-overview
Company Research Source: Yahoo! Finance
to U.S. peer UniFirst Corp, Bloomberg News reported on Thursday, citing people familiar with the matter. Massachusetts-based UniFirst approached Elis to assess its interest in a deal after Elis's takeover approach to rival Vestis Corp became public last month, the report added. At the same time, Elis and Vestis are still holding exploratory talks about a potential deal, Bloomberg said. Elis, UniFirst and Vestis did not immediately respond to requests for comment outside regular business hours. Elis and Vestis confirmed the interest about a month ago after Reuters first reported the acquisition offer. Elis, which has a market value of about 9.2 billion euros ($10.15 billion) including debt, is a provider of workplace supplies and offers maintenance services for uniforms. ($1 = 0.9060 euros) (Reporting by Disha Mishra in Bengaluru; Editing by Alan Barona) Recommended Stories Show less Read more
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