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BJ’s Wholesale Club hires JP Morgan to find buyer: NY Post

BJ’s Wholesale Club has called off plans to go public and is instead up for sale, according to the New York Post. BJ’s, which is backed by CVC Capital Partners and Leonard Green & Partners, has hired JP Morgan to find a buyer. BJ’s, a warehouse retailer, could fetch between $4 billion and $5 billion, the story said. Amazon has express interest internally in buying BJ’s but hasn’t started formal talks yet, the NY Post said.