Sycamore Partners Completes Acquisition of Chico's FAS, Inc. [Yahoo! Finance]
Chico's FAS, Inc. (CHS)
Last chico's fas, inc. earnings: 2/27 07:02 am
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US:NYSE Investor Relations:
chicosfas.com/investor-relations/investor-overview/default.aspx
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Source: Yahoo! Finance
acquisition by Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, for per share, in an all-cash transaction valued at approximately $1 billion "Joining the Sycamore portfolio of leading retail brands marks an important milestone for Chico's FAS and continues our journey as a customer-led, product-obsessed, digital-first, and operationally excellent company," said Chico's FAS Chief Executive Officer and President Molly Langenstein . "Sycamore and Chico's FAS both share a commitment to providing solutions, building communities, and creating memorable experiences to bring women confidence and joy. We look forward to working together to reach even greater levels of success." "Completing this transaction represents the beginning of an exciting new chapter for the company's three iconic brands -- Chico's, White House Black Market and Soma," said Stefan Kaluzny, Managing Director of Sycamore Partners. "We look forward to suppo
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