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Apollo may help finance Franchise Group’s deal for Kohl’s

Reuters 06/10/2022

Apollo Global Management may provide up to $2 billion in debt financing in support of Franchise Group’s bid to acquire Kohl’s. Franchise Group and Kohl’s are in a three-week exclusive negotiation period. The owner of The Vitamin Shoppe and Pet Supplies Plus has offered $60 a share to acquire Kohl’s.

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