Elis Is Said to Make Rebuffed Takeover Offer for UniFirst [Yahoo! Finance Canada]
Unifirst Corporation (UNF)
Last unifirst corporation earnings: 4/1 08:00 am
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Source: Yahoo! Finance Canada
Corp., according to people familiar with the matter, the second move by the French company to pursue an American acquisition. Most Read from Bloomberg Massachusetts-based UniFirst reached out to Elis to gauge its appetite for a deal after Elis's takeover approach to rival Vestis Corp. became public last month, said the people, who asked not to be identified because discussions are private. The French company made a non-binding proposal for UniFirst, whose board rejected it in recent days, and the companies aren't currently in talks, the people said. It remains to be seen whether the interest in UniFirst, which is valued at $3.7 billion, will be revised, they said. Shares of Elis fell as much as 0.6% in Friday morning trading. They were down 0.5% at 9:22 a.m. in Paris, giving the company a market capitalization of €4.4 billion ($4.8 billion). At the same time, Elis and Vestis are still holding exploratory talks about a potential deal, the people said. The two companies confirme
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UNF
News
- Unifirst Declares Increased Cash DividendsGlobeNewswire
- UniFirst Corp.: Downgrade To Hold As Upside Potential Is Limited Given Weak FY25 Outlook [Seeking Alpha]Seeking Alpha
- UniFirst Co. (NYSE: UNF) had its price target raised by analysts at Robert W. Baird from $199.00 to $200.00. They now have a "neutral" rating on the stock.MarketBeat
- UniFirst Corporation (UNF) Q4 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Compared to Estimates, UniFirst (UNF) Q4 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
UNF
Earnings
- 10/23/24 - Beat
UNF
Sec Filings
- 11/14/24 - Form 10-K
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- UNF's page on the SEC website