May
05
L Brands and Sycamore Agree to Terminate Victoria’s Secret Deal
Posted in: UncategorizedL Brands has inked an agreement with Sycamore to terminate a deal in which the retailer planned to sell a 55% stake in Victoria’s Secret to the private equity firm for $525 million. The two parties announced the mutual agreement Monday, and neither will pay a termination fee. “In connection with the termination of the…
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