PAVS is reportedly in talks to acquire Jabanero, a prominent women’s activewear brand, for a cash deal valued between $15 million and $20 million, according to a recent report by Stock Titan.
The potential acquisition is seen as a strategic move by PAVS to expand its portfolio and strengthen its presence in the activewear market. Jabanero has established a reputation for its high-quality, fashion-forward activewear designed specifically for women.
While the terms of the deal are still being finalized, the acquisition is expected to be completed in the near future, pending regulatory approvals and other customary closing conditions. The move is anticipated to have a positive impact on PAVS’ revenue and market share in the activewear industry.
Original news story via Stock Titan.