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Acquisition by Sycamore Partners
- Chico's FAS, Inc. ("Company" or "Chico's FAS," NYSE: CHS) today announced the completion of its acquisition by Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, for $7.60 per share, in an all-cash transaction valued at approximately $1 billion.
finance.yahoo.com/news/sycamore-partners-completes-acquisition-chicos-134000445.htmlSycamore Partners Completes Acquisition of Chico's FAS, Inc.
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Jan 9, 2024 · According to published reports, Chico’s FAS president and CEO Molly Langenstein is out — just days after the company’s sale to a New York private equity firm closed and right before the Fort Myers chain reopens its original store.
Jan 5, 2024 · With the completion of the transaction, Chico's FAS shares of common stock have ceased trading and are no longer listed on the New York Stock Exchange. Solomon Partners, L.P. acted...
Sep 28, 2023 · Chico's FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on Thursday, sending its shares surging to close 63% higher.
Sep 28, 2023 · The transaction, which was approved unanimously by the Chico's FAS Board of Directors, is expected to close by the end of the first calendar quarter of 2024, subject to customary closing conditions and approvals, including approval by Chico's FAS shareholders and expiration or termination of the applicable waiting period under the Hart-Scott ...
Sep 28, 2023 · The transaction, which was approved unanimously by the Chico's FAS Board of Directors, is expected to close by the end of the first calendar quarter of 2024, subject to customary closing ...
Oct 2, 2023 · Fashion company Chico’s FAS Inc. CHS said Thursday it has agreed to be taken private by private-equity firm Sycamore Partners for $1 billion, sending its stock up 62%.