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BJ’s Wholesale owners preps for sale or IPO: WSJ

The private-equity owners of BJ’s Wholesale Club are interviewing banks to advise on the company’s options, which could include an IPO or a sale, the Wall Street Journal reported. If BJ’s chooses to go public, the IPO would come in the second half of 2017, the story said. BJ’s Wholesale is backed by Leonard Green & Partners LP and CVC Capital Partners Ltd.