Walmart in talks to buy Vizio for more than $2 bln, WSJ reports (updated)

Vizio Holding

13/02/2024 20:18

(Adds shares in paragraph 2)
       Feb 13 (Reuters) - Walmart is in talks to buy smart
television-manufacturer Vizio  VZIO.N  for more than $2 billion,
the Wall Street Journal reported on Tuesday, citing people
familiar with the matter.
    Shares of Vizio jumped 36% after the report, while Walmart's
shares were down about 1%.
    Vizio did not immediately respond to a request for comment. 
    

 (Reporting by Juveria Tabassum; Editing by Shinjini Ganguli)
 ((Juveria.Tabassum@thomsonreuters.com;))