Vestis (VSTS) was approached by French workplace-supplies provider Elis SA with an acquisition offer, Reuters reported Thursday, citing people familiar with the matter.
Elis first approached Vestis a few weeks ago, and the terms of the offer weren't known, Reuters reported.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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