Activist investor Barington Capital Group has built a stake in Bath & Body Works and is pressing the US personal care retailer to consider a sale, including a potential deal involving private equity, according to a report by Bloomberg citing unnamed people familiar with the matter.
Barington CEO James Mitarotonda told Bloomberg that Bath & Body Works is undervalued and that a series of management changes has weighed on the company’s performance. He believes the strength of its brands, ma...
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