Bed Bath & Beyond to buy The Container Store
(Il Sole 24 Ore Radiocor) - Milano, 2 apr - Bed Bath & Beyond has agreed to acquire storage and organization retailer The Container Store Holdings (TCS), according to a regulatory filing.
The transaction, valued at 150 million dollars, will see Bed Bath & Beyond issue senior convertible notes and shares of common stock to TCS equityholders and term loan creditors.
The deal is expected to close in July.
(RADIOCOR) 02-04-26 18:52:45 (0588) 5 NNNN