HH Global is delighted to announce our listing at number 30 in Sunday Times PwC Top Track 250. The Sunday Times Grant Thornton Top Track 250 ranks Britain’s private mid-market growth companies with the biggest sales. The listing sees HH Global move up 14 places. This year’s special Covid-19 edition highlights the important contribution that mid-market companies have made to the UK during the pandemic, from supporting the NHS to enabling remote working. Group CEO, Robert MacMillan said: “This year has seen some huge milestones for our business, and we’re delighted that our performance has once again been recognised in the Sunday Times PwC Top Track 250. As ever, my thanks go to our staff whose delivery for our clients is driving our performance and growth. We look forward to climbing the list further next year!”.
Kohl’s Corporation (“Kohl’s” or the “Company”) (NYSE: KSS) announced today that following the receipt of final proposals, the Kohl’s Board of Directors has entered into exclusive negotiations with Franchise Group, Inc. (“FRG”), a holding company of a collection of market-leading and emerging brands, for a period of three weeks in relation to FRG’s proposal to acquire the Company for $60.00 per share. The purpose of the exclusive period is to allow FRG and its financing partners to finalize due diligence and financing arrangements and for the parties to complete the negotiation of binding documentation.
The transaction remains subject to approvals of the Boards of Directors of both companies. There can be no assurances that any agreement will be reached or that a transaction will be agreed or completed on the terms set forth above or otherwise. The Company will have no further comment until an agreement is reached or the discussions are terminated.
Kohl’s Board of Directors remains focused on selecting the path that maximizes value for all Kohl’s shareholders.