Tag: JCPenney
JCPenney Could Buy Rival Kohl’s for $8.6B: Reports
JCPenney owners Simon Property and Brookfield Asset Management are reportedly looking to close an acquisition deal for Kohl’s that values the retail rival at...
Sycamore Partners Seeks To Buy JCPenney For $1.75B
Finnish insurer Sampo and South Africa’s Rand Merchant Investment are in talks to buy British motor insurer Hastings, the two insurers stated on Wednesday,...
Sycamore Partners Seeks To Buy JCPenney For $1.75B
Sycamore Partners is reportedly seeking to buy JCPenney for US$1.75 billion and intends to combine the iconic retailer with the Belk department store chain,...
Sycamore Partners Reportedly Negotiating To Buy JCPenney
Sycamore Partners, the New York private equity firm that specializes in distressed buyouts, is in preliminary talks to purchase JCPenney, sources told Reuters.
The retailer,...