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Wal-Mart to buy Bonobos for $310 million

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Reuters
Last Updated : Jun 16 2017 | 7:08 PM IST

REUTERS - Wal-Mart Stores Inc said it would buy online men's fashion retailer Bonobos Inc for $310 million in cash.

Bonobos' brands will be offered on Wal-Mart's Jet.com and possibly other brands owned by the retailer in a variety of countries over time.

(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Anil D'Silva)

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First Published: Jun 16 2017 | 6:58 PM IST

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