Sycamore to Take Apparel Retailer Chico’s FAS Private for Nearly $1 Billion

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 63 percent in premarket trading.

from Business of Fashion https://ift.tt/wBgteu0