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Synopsis
WHP Global, an investment company, and Express, a fashion retailer, completed the acquisition of Bonobos, a menswear fashion brand, from Walmart, a supermarket operator, for $75m. “Bonobos joined the Walmart family to expand our assortment and expertise in menswear. Since acquiring Bonobos, Walmart.com has grown from 70 million to hundreds of millions of items. After nearly six years, we’ve decided it’s the right time to sell Bonobos,” Walmart.
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