Friday, June 10, 2022

Credit analysts put Kohl’s on notice amid takeover talks

Retail Dive
Echoing other analyst concerns about a Franchise Group takeover of Kohl’s, S&P Global Ratings on Tuesday flagged the retailer for a possible downgrade, reflecting “the potential that we could lower our ratings on Kohl’s by several notches if the acquisition is consummated,” per an emailed press release.
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