Retailer Chico's to be acquired by private-equity firm Sycamore Partners
A Friday filing from Chico's Fas Inc. CHS, +0.54% includes a bid from Sycamore Partners to acquire all outstanding shares of the clothing and accessories retailer for $3.50 per share. Sycamore Partners currently owns a 6.6% stake in Chico's, which has a market cap of $431.0 million. Chico's shares closed Thursday at $3.70 per share.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uber prices IPO at $45 per share, at low end of rangeUber is preparing for its public debut on the New York Stock Exchange on Friday.
Read more »
Uber prices IPO at $45 per share, toward the low end of rangeUber is preparing for its public debut on the New York Stock Exchange on Friday.
Read more »
Buffett says Amazon stock purchase doesn’t deviate from value-investing principlesBillionaire investor Warren Buffett dismissed the notion that Berkshire Hathaway’s purchase of highflying shares of Amazon.com Inc. marks a departure from...
Read more »
Warren Buffett says Berkshire's purchase of high-flying Amazon was still 'value investing'Berkshire Hathaway's Amazon bet seems to stray from Warren Buffett's value investing style, but the Oracle of Omaha said the e-commence giant is exactly a value company.
Read more »
Sinclair to purchase 21 regional sports networks from DisneySinclair Broadcast Group will purchase 21 regional sports networks from the Walt Disney Company for $9.6 billion, the two companies announced Friday.
Read more »
In Florida, You Can Purchase Cannabis Through a Drive-ThruLouisiana has drive-thru margarita spots, and now Florida has its own drive-thru dispensary
Read more »
Walmart raising tobacco purchase age to 21Walmart outlined steps to prevent minors from buying tobacco products in a letter to the FDA.
Read more »
Walmart raises U.S. tobacco purchase age to 21 starting in JulyWalmart Inc said on Wednesday it will raise the minimum age to purchase tobacco ...
Read more »
Walmart raises minimum age to purchase tobacco and e-cigarettes to 21Walmart also said it will also stop selling fruit and dessert flavored e-cigarettes, which critics say can hook teenagers on vaping.
Read more »
Sinopec, CNPC skip Iran oil purchases for May to avoid U.S. sanctionsChina Petrochemical Corp (Sinopec Group) and China National Petroleum Corp (CNPC...
Read more »
New Zealand leader Jacinda Ardern and partner get engagedWELLINGTON, New Zealand (AP) — New Zealand's Prime Minister Jacinda Ardern and her longtime partner Clarke Gayford have gotten engaged.
Read more »