Vestis Confirms That It Received A Preliminary Inquiry From Elis SA Regarding A Potential Transaction Involving The Company; Can Be No Assurance That Any Transaction Or Other Alternative Will Result From This Inquiry
Portfolio Pulse from Benzinga Newsdesk
Vestis (NYSE:VSTS) has received a preliminary inquiry from Elis SA about a potential transaction. The company is evaluating the inquiry but has not committed to any transaction or further announcements.
September 09, 2024 | 12:17 pm
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Vestis has received a preliminary inquiry from Elis SA regarding a potential transaction. The company is evaluating the inquiry but has not committed to any transaction or further announcements.
The inquiry from Elis SA suggests potential interest in a transaction, which could positively impact Vestis's stock price if it leads to a deal. However, the lack of assurance and commitment to further announcements introduces uncertainty.
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