Kohl's shelves sale as market turmoil ends months of negotiations

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The Kohl’s label is seen on a shopping cart in a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid/Files

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July 1 (Reuters) - After hundreds of hours of negotiations with dozens of interested parted, Kohl's Corp has shelved its plans to sell itself blaming sinking markets and difficult financing conditions.

Here's a timeline of the major events leading up to the company announcing it had abandoned talks to sell itself to Vitamin Shoppe owner Franchise Group (FRG.O) on Friday:

Sources: Company press releases and regulatory filings, Reuters' sources

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Reporting by Deborah Sophia and Uday Sampath in Bengaluru; Editing by Sriraj Kalluvila and Maju Samuel

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