UPDATE 2-Sycamore Partners lowers Chico’s offer to $350 mln
Private equity firm Sycamore Partners
disclosed in a regulatory filing on Wednesday that it has
lowered its offer for Chico’s FAS Inc to $350 million in
cash because of the U.S. women’s apparel retailer’s
deteriorating financial performance.
disclosed in a regulatory filing on Wednesday that it has
lowered its offer for Chico’s FAS Inc to $350 million in
cash because of the U.S. women’s apparel retailer’s
deteriorating financial performance.
Posted by Reuters