UPDATE: Gap, Inc. (GPS) said to weigh sale of China business as sales lag - Bloomberg

March 8, 2021 3:08 PM EST

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
(Updated - March 8, 2021 3:11 PM EST)

Gap, Inc. (NYSE: GPS) is weighing options including a potential sale for its China business, according to Bloomberg, citing people with knowledge of the matter. The company is working with an adviser to study options and has reached out to prospective suitors to gauge interest for the business.

Deliberations are at an early stage.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Mergers and Acquisitions, Rumors