Elis first approached Vestis, which has a market value of about $3.3 billion including debt, a few weeks ago, the sources said, requesting anonymity as the discussions are confidential.

Shares of Vestis fell over 3% on Friday after Elis announced it had abandoned takeover discussions with the company. Vestis has been under pressure this year, down 33%, with an additional decline ...

The ELIS share price target is €24.62, which implies 33.17% upside from the current trading level.See more ELIS analyst ratings.Disclosure UniFirst Rejects Elis Offer as Vestis Talks Progress ...

Elis confirmed it made a preliminary approach to U.S. uniform supplier Vestis regarding a potential acquisition that would give the French company access to the U.S. market. Vestis didn’t ...

Elis confirmed it made a preliminary approach to U.S. uniform supplier Vestis regarding a potential acquisition that would give the French company access to the U.S. market. Vestis didn’t ...