Retail major J.C. Penney Company, Inc. (NYSE:JCP) is set to offer 84 million shares of common stock through secondary offering.
The retailer indicated it would use the proceeds for general corporate purposes.
J.C. Penney Company, Inc. (NYSE:JCP) has appointed the investment banking arm of Goldman Sachs as underwriter for the share sale.
The retailer is also...
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations.He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications.His hobbies are tracking global financial developments and watching sports
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