Sycamore Partners

The Dow Jones Industrial Average hit new all-time records in 2025, an event that was celebrated by President Donald Trump. Here's a look at the top-performing and worst-performing Dow Jones Industrial Average components in 2025, including an entry on one of the lists by one of the index's newest...

Cigna Group’s (NYSE:CI) Evernorth Health Services announced on Tuesday a $3.5 billion investment in Shields Health Solutions, a specialty pharmacy management company. How is CI stock doing now? Check the full analysis here. Evernorth’s investment coincided with Shields’...

Walgreens Boots Alliance Inc (NASDAQ:WBA) shares are trading higher in Thursday’s after-hours session after the company announced a deal to be acquired by Sycamore Partners. What Happened: After the market close on Thursday, Walgreens announced it entered into a definitive agreement to be...

Walgreens Boots Alliance Inc. (NASDAQ:WBA) rose over 7% in premarket on Tuesday as it is on the verge of finalizing an agreement with private-equity firm Sycamore Partners to take the drugstore chain private. What Happened: The deal is approximately valued at $10 billion, according to a report by...

Is it time to book a cruise to the Galapagos Islands? Sail along the Nile River? If you ask the Magic 8-Ball, the answer would be "Without a Doubt." Who are we to contradict? What Happened: The travel industry was one of the hardest hit during the COVID-19 pandemic. While many...

Private equity firm Sycamore Partners is leading a bidding war to acquire bankrupt J.C. Penney Company, Inc. (OTC: JCPNQ), the New York Post reported Monday. What Happened The New York-based firm has made an offer of $1.75 billion to the veteran retailer, according to the Post. It has also proposed...

L Brands (NYSE: LB) shares are trading lower after the company announced a "mutual agreement" with private equity firm Sycamore Partners to terminate their previously announced transaction. Also, Leslie Wexner will step down as CEO and chairman of the board of L Brands. He will remain a...

Private equity firm Sycamore Partners is looking to end its deal to buy a stake in L Brands, Inc. (NYSE: LB) lingerie brand Victoria’s Secret. L Brands said in a Wednesday statement that Sycamore Partners delivered a notice purporting to terminate the Feb. 20, 2020 transaction...

Fashion retailer L Brands Inc (NYSE: LB) is one step closer to selling its Victoria's Secret business to Sycamore Partners and a deal with the private equity firm could be announced this week, CNBC said in a Sunday report. L Brands CEO Under Fire Sources told CNBC negotiations between L Brands...

Office Depot Inc (NASDAQ: ODP) popped as much as 23 percent Monday on a report that the firm has held talks to acquire 1,500 stores from rival Staples, Inc. (NASDAQ: SPLS). While alleged by New York Post sources, the rumor’s veracity is corroborated by two factors: a willingness to dump brick...

Staples, Inc. (NASDAQ: SPLS)'s agreement to sell itself to Sycamore Partners for $10.25 per share or $6.9 billion "makes total sense," at least according to UBS analyst Michael Lasser. While the case could be made that Staples sold itself at a poor valuation, this may not be the case...

Staples, Inc. (NASDAQ: SPLS) agreed to sell itself to the private equity giant Sycamore Partners for $10.25 per share in a transaction that values the retailer shy of $7 billion. Staples' stock has been trading in the discount bin relative to the $17 per share it traded at in 2015 before its...

Wunderlich analyst Eric Beder sees Abercrombie & Fitch Co. (NYSE: ANF) as a potential acquisition target, pushing him to raise his rating from Sell to Hold. “Although we believe the company's business model remains broken and the potential for a turn remains limited, in our view, the...

Shares of Staples, Inc. (NASDAQ: SPLS) gained 7 percent early Thursday morning on chatter that the company is targeted for an acquisition. Sycamore Partners, a private equity giant, is reportedly in advanced talks to acquire the office supply retailer, Reuters reported. The deal could value Staples...