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Sycamore Partners seeks to end Victoria's Secret deal, L Brands shares plunge

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Home Blogs > Business
Apr 22 '20 | By oiam2companyadmin | Views: 36 | Comments: 0

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Investment firm Sycamore Partners is seeking to end its deal to buy a stake in L Brands Inc's lingerie brand Victoria's Secret, citing business decisions the retailer took during the coronavirus pandemic, a court filing on Wednesday showed, sending the company's shares down over 20%.
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Source: https://www.reuters.com/article/us-victoria-s-secret-m-a-sycamore-partne/sycamore-partners-seeks-to-end-victorias-secret-deal-l-brands-shares-plunge-idUSKCN2242JB?feedType=RSS&feedName=businessNews

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