Reuters: Kohl’s reportedly interested in At Home acquisition

Exclusive: Kohl’s explores acquisition of At Home Group – sources. U.S. department store operator Kohl’s Corp has approached At Home Group Inc to express interest in acquiring the U.S. home decor.

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Menomonee Falls., Wis. – Kohl’s is reportedly in talks with At Home, which began shopping for a buyer three months ago. According to Reuters, Kohl’s would use the acquisition to beef up its home department.

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Department store operator Kohl’s Corp. has approached At Home Group Inc. to express interest in acquiring the U.S. home decor retail chain, people familiar with the matter said on Wednesday. A deal.

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Kohl’s is reportedly eyeing an acquisition of Texas-based home decor retailer At Home Group, a move that could help Kohl’s expand in home goods. At Home put itself up for sale three months ago and.

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“It is not in anybody’s interest to. quarterly results. Kohl’s sales excluding newly opened or closed locations rose 3.1% in the three months to Aug. 4. Americans are spending more on everything.

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At Home Group had a market value of $1.3 billion, as of recent end of trading. Reportedly, Kohl’s recently initiated conversations with At Home to advance a deal. At Home has been exploring a sale, for the last 3 months and has already advanced in a deal negotiation with private equity firms, including Hellman and Friedman.