Private equity firm moving closer to acquiring Victoria’s Secret
February 10, 2020
L Brands may be close to selling its struggling Victoria’s Secret business to Sycamore Partners. The private equity firm and L Brands are still in negotiations and have declined to comment. Shares of L Brands’ stock are down nearly 10 percent over the past year as sales of Victoria’s Secret have declined.
Recent News
European Commission Readies All Trade Tools Against China
European Commission President Ursula von der Leyen emphasized the EU’s readiness to utilize all available trade tools to safeguard its economies amidst concerns over China’s market practices.
Steward Health Care Files for Bankruptcy Protection
Steward Health Care’s plunge into bankruptcy protection has stirred considerable attention and concern.
Tyson Foods Faces Challenges Amidst Rising Inflation
Tyson Foods Inc. recently saw a significant drop in its shares due to ongoing inflation impacting consumer demand.
Special Offers for National Nurses Week
Nurses play a vital role in healthcare, and their dedication often goes unnoticed. National Nurses Week, spanning from May 6 to 12, aims to acknowledge their hard work.