KM Financial Solutions | UPDATE 3-Sycamore Partners backs out of coronavirus-stricken deal for Victoria’s Secret
71615
post-template-default,single,single-post,postid-71615,single-format-standard,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-child-theme-ver-1.0.0,qode-theme-ver-11.2,qode-theme-bridge,wpb-js-composer js-comp-ver-5.2.1,vc_responsive
 

UPDATE 3-Sycamore Partners backs out of coronavirus-stricken deal for Victoria’s Secret

UPDATE 3-Sycamore Partners backs out of coronavirus-stricken deal for Victoria’s Secret

Buyout firm Sycamore Partners disclosed
on Wednesday it had walked away from a $525 million deal to
acquire a majority stake in Victoria’s Secret, after the
lingerie brand shut down stores and furloughed staff in response
to the coronavirus outbreak.

No Comments

Sorry, the comment form is closed at this time.