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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...
Sampo

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,...
JCPenney

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,...
JCPenney

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,...
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