Elis Aims to Buy U.S. Uniform Provider Vestis, Reuters Reports

Dow Jones09-06

--Elis, a French workplace services and supply company, approached Vestis, a U.S. uniform supplier, with an offer to buy the company, Reuters reports, citing anonymous sources.

--Shares in Elis fell 15.7% to 19.49 euros following the report. Vestis shares closed up 11.7% at $15.29 on Thursday.

--Elis declined to comment on the report when approached by Dow Jones Newswires. Vestis did not respond after normal business hours in the U.S.

Full story: https://shorturl.at/jyICb

Write to David Sachs at david.sachs@wsj.com

(END) Dow Jones Newswires

September 06, 2024 04:11 ET (08:11 GMT)

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