Sycamore Partners

Latest stories

1d
WBTV Charlotte
Belk would have to pay $80 million if it backs out of Sycamore deal, filing showsCHARLOTTE, NC (Katherine Peralta/The Charlotte Observer) - If another buyer tri
Belk would have to pay $80 million if it backs out of Sycamore deal, filing shows
WBTV Charlotte / Posted yesterday
CHARLOTTE, NC (Katherine Peralta/The Charlotte Observer) - If another buyer tries to breakup Sycamore Partners’ proposed acquisition of Charlotte-based Belk with a more attractive offer and the local retailer accepts, it would have to pay Sycamore a... Read more
1d
Columbia Star
City SnippetsBelk selling to equity firm Belk, the largest family-owned department store ch
City Snippets
Columbia Star / Posted yesterday
Belk selling to equity firm Belk, the largest family-owned department store chain in the country, has agreed to be purchased by New York-based private equity firm Sycamore Partners for $3 billion. The company said its headquarters will remain in... Read more
2d
Business Wire
Brower Piven Commences An Investigation Into The Proposed Sale Of Belk, Inc. And Encourages Investors To Contact The Firm For Additional InformationSTEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower P
Brower Piven Commences An Investigation Into The Proposed Sale Of Belk, Inc. And Encourages Investors To Contact The Firm For Additional Information
Business Wire / Posted 2 days ago
STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of... Read more
3d
Black Press USA
Belk to Sell Itself and Go Private in $3B Deal CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to
Belk to Sell Itself and Go Private in $3B Deal
Black Press USA / Posted 3 days ago
CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3... Read more
34 related stories
3d
Market Watch
Chico's plans to sell Boston direct selling unitChico's FAS Inc., in the midst of cost-cutting plans, reported better-than-expe
Chico's plans to sell Boston direct selling unit
Market Watch / Posted 3 days ago
Chico's FAS Inc., in the midst of cost-cutting plans, reported better-than-expected revenue and adjusted earnings for its latest quarter Wednesday, though bottom-line profit took a sharp fall. The women's retailer also said it would sell its Boston... Read more
3d
The Chattanoogan
Belk Department Store Chain Is Sold For $3 BillionBelk, Inc., the nation's largest family owned and operated fashion department s
Belk Department Store Chain Is Sold For $3 Billion
The Chattanoogan / Posted 3 days ago
Belk, Inc., the nation's largest family owned and operated fashion department store company, has announced that it has entered into a definitive merger agreement whereby investment funds managed by New York-based private equity firm Sycamore Partners... Read more
34 related stories
4d
The Hendersonville Times-News
NC news in briefBelk to sell itself and go private in $3B deal CHARLOTTE (AP) — Department sto
NC news in brief
The Hendersonville Times-News / Posted 4 days ago
Belk to sell itself and go private in $3B deal CHARLOTTE (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion,... Read more
4d
The Gadsden Times
Belk agrees to be bought by Sycamore for about $2.7 billionBelk investors will receive $68 per share, with the transaction valuing the ret
Belk agrees to be bought by Sycamore for about $2.7 billion
The Gadsden Times / Posted 4 days ago
Belk investors will receive $68 per share, with the transaction valuing the retailer at about $3 billion on an enterprise basis, the companies said in a statement on Monday. Under the terms of the deal, Tim Belk will stay chief executive officer of... Read more
34 related stories
4d
Chattanooga Times Free Press
Private equity firm buys Belk department stores for $3 billionBelk executives say they don't expect customers and employees to see big change
Private equity firm buys Belk department stores for $3 billion
Chattanooga Times Free Press / Posted 4 days ago
Belk executives say they don't expect customers and employees to see big changes from the deal announced Monday to sell the department store chain to a New York private equity firm for $3 billion. No store closings or layoffs are planned at the... Read more
34 related stories
4d
Arkansas Democrat-Gazette
Belk going private in $2.7B cash saleBelk Inc., the 127-year-old department-store chain concentrated in the South, h
Belk going private in $2.7B cash sale
Arkansas Democrat-Gazette / Posted 4 days ago
Belk Inc., the 127-year-old department-store chain concentrated in the South, has agreed to be acquired by private-equity firm Sycamore Partners for about $2.7 billion in cash. Belk investors will receive $68 per share, with the transaction valuing... Read more
34 related stories
4d
WBTV Charlotte
Charlotteans react to sale of Belk storesBelk, Inc. announced Monday it agreed a sale of its company to Sycamore Partner
Charlotteans react to sale of Belk stores
WBTV Charlotte / Posted 4 days ago
Belk, Inc. announced Monday it agreed a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today with... Read more
34 related stories
4d
Calcutta News
Sycamore Partners acquiring family owned US department stores Belk NEW YORK Fashion department store chain Belk Inc. Monday agreed to be acquire
Sycamore Partners acquiring family owned US department stores Belk
Calcutta News / Posted 4 days ago
NEW YORK Fashion department store chain Belk Inc. Monday agreed to be acquired by New York based private-equity firm Sycamore Partners in a deal with an enterprise value of about $3... Read more
34 related stories
4d
WRCB Chattanooga
Belk department stores sold for $3 billionNBC affiliate WCNC reports that fashion department store Belk announced it has
Belk department stores sold for $3 billion
WRCB Chattanooga / Posted 4 days ago
NBC affiliate WCNC reports that fashion department store Belk announced it has entered a merger agreement with Sycamore Partners. The Charlotte-based department store chain said Monday it has agreed to be purchased by New York-based private equity... Read more
34 related stories
4d
The Gadsden Times
Belk agrees to be bought by Sycamore for about $2.7 billionBelk investors will receive $68 per share, with the transaction valuing the ret
Belk agrees to be bought by Sycamore for about $2.7 billion
The Gadsden Times / Posted 4 days ago
Belk investors will receive $68 per share, with the transaction valuing the retailer at about $3 billion on an enterprise basis, the companies said in a statement on Monday. Under the terms of the deal, Tim Belk will stay chief executive officer of... Read more
34 related stories
4d
WCYB 5 Tri-Cities
Belk agrees to be acquired by New York private equity firmOwnership of the department store chain Belk is changing hands. The company has
Belk agrees to be acquired by New York private equity firm
WCYB 5 Tri-Cities / Posted 4 days ago
Ownership of the department store chain Belk is changing hands. The company has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it values at about $3 billion. The terms of the agreement... Read more
34 related stories
4d
Charleston Regional Business Journal
Charleston Regional Business Journal | Charleston, SCStaff Report Published Aug. 24, 2015 New York-based private equity firm Sycam
Charleston Regional Business Journal | Charleston, SC
Charleston Regional Business Journal / Posted 4 days ago
Staff Report Published Aug. 24, 2015 New York-based private equity firm Sycamore Partners announced today that it will acquire Belk Inc., which operates several department stores in the Lowcountry, for about $3 billion. Under the terms of the... Read more
3 related stories
4d
The Daily Record
Belk to sell itself for $3B and go privateCHARLOTTE, N.C. — Department store chain Belk Inc. says it has agreed to sell i
Belk to sell itself for $3B and go private
The Daily Record / Posted 4 days ago
CHARLOTTE, N.C. — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
4d
News Channel 12 New Bern
Belk to sell itself and go private in $3 billion dealDepartment store chain Belk Inc. says it has agreed to sell itself to New York-
Belk to sell itself and go private in $3 billion deal
News Channel 12 New Bern / Posted 4 days ago
Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it values at about $3 billion. Under the terms of the agreement, Belk stockholders will receive... Read more
34 related stories
4d
NBC 29 Charlottesville
Belk Department Store Purchased for Billionsstore chain Belk, Inc. has a new owner. The department store agreed to be purc
Belk Department Store Purchased for Billions
NBC 29 Charlottesville / Posted 4 days ago
store chain Belk, Inc. has a new owner. The department store agreed to be purchased by New York-based private equity firm "Sycamore Partners" for $3 billion. For now the company's corporate management will remain in Charlotte. The company... Read more
2 related stories
4d
KSLA-TV Shreveport
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
KSLA-TV Shreveport / Posted 4 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
4d
FOX 8 WGHP
Belk to be purchased for $3 billion by New York-based equity companyThe company will be acquired for $3 billion. Under the terms of the merger agre
Belk to be purchased for $3 billion by New York-based equity company
FOX 8 WGHP / Posted 4 days ago
The company will be acquired for $3 billion. Under the terms of the merger agreement, all Belk stockholders will receive $68per share in cash for each share of Belk common stock they own. “We are delighted to have found a financial partner that sees... Read more
34 related stories
5d
KOB 4 Albuquerque
Belk to sell itself and go private in $3B dealCreated: 08/24/2015 10:21 AM CHARLOTTE, N.C. (AP) — Department store chain Bel
Belk to sell itself and go private in $3B deal
KOB 4 Albuquerque / Posted 5 days ago
Created: 08/24/2015 10:21 AM CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the... Read more
34 related stories
5d
Reuters UK Edition
Sycamore to buy department store chain Belk for about $3 billionFashion department store operator Belk Inc (BLKIA.PK) said it would be acquired
Sycamore to buy department store chain Belk for about $3 billion
Reuters UK Edition / Posted 5 days ago
Fashion department store operator Belk Inc (BLKIA.PK) said it would be acquired by private equity firm Sycamore Partners in a deal valued at about $3 billion, including debt. Sycamore, in its biggest ever deal, will pay $68 in cash for each share of... Read more
3 related stories
5d
Fort Wayne News-Sentinel
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) � Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
Fort Wayne News-Sentinel / Posted 5 days ago
CHARLOTTE, N.C. (AP) � Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
WTVM 9 Columbus
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
WTVM 9 Columbus / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
Anderson Independent-Mail
Belk agrees to sell the company for $3 billion to Sycamore PartnersCHARLOTTE, N.C. - Charlotte-based Belk Inc. has agreed to be purchased by New Y
Belk agrees to sell the company for $3 billion to Sycamore Partners
Anderson Independent-Mail / Posted 5 days ago
CHARLOTTE, N.C. - Charlotte-based Belk Inc. has agreed to be purchased by New York-based private equity firm Sycamore Partners for $3 billion, including the company’s debt. The deal effectively ends local control of the 127-year-old company that... Read more
34 related stories
5d
WSFA 12 Montgomery
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
WSFA 12 Montgomery / Posted 5 days ago
CHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
FOX 6 News Birmingham
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
FOX 6 News Birmingham / Posted 5 days ago
CHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
Charleston City Paper
Bernie Sanders packs in S.C. crowds; Scott decries Gitmo prisoner 'import'; Belk is soldA downtown Charleston middle school that bears the names of the slain S.C. Sen.
Bernie Sanders packs in S.C. crowds; Scott decries Gitmo prisoner 'import'; Belk is sold
Charleston City Paper / Posted 5 days ago
A downtown Charleston middle school that bears the names of the slain S.C. Sen. Clementa Pinckney and celebrated iron craftsman Philip Simmons, but also the name of what one CofC historian says "personified the reactionary tradition of the Charleston... Read more
5d
The Charleston State Journal
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
The Charleston State Journal / Posted 5 days ago
CHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
Park Record
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
Park Record / Posted 5 days ago
CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
WYFF 4 Greenville
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
WYFF 4 Greenville / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
Your Hometown Lima Stations
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
Your Hometown Lima Stations / Posted 5 days ago
CHARLOTTE, N.C. (AP) - Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
WIS News 10 Columbia
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
WIS News 10 Columbia / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
Carlsbad Current-Argus
Belk to sell itself and go private in $3B dealCHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to s
Belk to sell itself and go private in $3B deal
Carlsbad Current-Argus / Posted 5 days ago
CHARLOTTE, N.C. (AP) — Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk... Read more
34 related stories
5d
KAIT Jonesboro
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
KAIT Jonesboro / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
ABC News
Belk to Sell Itself and Go Private in $3B DealDepartment store chain Belk Inc. says it has agreed to sell itself to New York-
Belk to Sell Itself and Go Private in $3B Deal
ABC News / Posted 5 days ago
Department store chain Belk Inc. says it has agreed to sell itself to New York-based private equity firm Sycamore Partners and go private in a deal that it valued at about $3 billion. Under the terms of the agreement, Belk stockholders will receive... Read more
34 related stories
5d
WSFA 12 Montgomery
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
WSFA 12 Montgomery / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
Bizjournals
BREAKING: Belk to be acquired by NY-based Sycamore PartnersThe merger agreement was unanimously approved by Belk’s board of directors. The
BREAKING: Belk to be acquired by NY-based Sycamore Partners
Bizjournals / Posted 5 days ago
The merger agreement was unanimously approved by Belk’s board of directors. The merger is subject to certain customary conditions, including the receipt of regulatory and stockholder approval, and is expected to be completed in the fourth quarter of... Read more
3 related stories
5d
ABC News 4 Charleston
Belk announces sale to NY equity firmCHARLESTON, S.C. (WCIV) -- Belk, Inc., the department store that touts "Modern.
Belk announces sale to NY equity firm
ABC News 4 Charleston / Posted 5 days ago
CHARLESTON, S.C. (WCIV) -- Belk, Inc., the department store that touts "Modern. Southern. Style." announced a $3 billion deal with New York-based Sycamore Partners. According to the release, Sycamore Partners (which also manages Aeropostale,... Read more
34 related stories
5d
Live 5 News Charleston
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed to a sale of its company to Sycamore Part
Belk agrees to sell company for $3 billion
Live 5 News Charleston / Posted 5 days ago
Belk, Inc. announced Monday it agreed to a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today... Read more
34 related stories
5d
WECT 6 Wilmington
Belk agrees to sell company for $3 billionBelk, Inc. announced Monday it agreed a sale of its company to Sycamore Partner
Belk agrees to sell company for $3 billion
WECT 6 Wilmington / Posted 5 days ago
Belk, Inc. announced Monday it agreed a sale of its company to Sycamore Partners in a deal valued at $3 billion. "We are delighted to have found a financial partner that sees what we see in Belk: a 127-year-old brand that remains relevant today with... Read more
34 related stories
5d
The News & Observer
Belk agrees to sell the company for $3 billion to Sycamore Partners | News & Observer August 24, 2015 It is unclear what will happen to Belk’s
Belk agrees to sell the company for $3 billion to Sycamore Partners
The News & Observer / Posted 5 days ago
| News & Observer August 24, 2015 It is unclear what will happen to Belk’s 1,300 corporate... Read more
2 related stories
5d
WSOC-TV Charlotte
Belk to be purchased for $3B by New York-based equity companyBelk Inc., the nation's largest family owned and operated fashion department st
Belk to be purchased for $3B by New York-based equity company
WSOC-TV Charlotte / Posted 5 days ago
Belk Inc., the nation's largest family owned and operated fashion department store company, announced Monday it is being purchased by New York-based private equity firm Sycamore Partners, according to a statement from Belk. The company will be... Read more
34 related stories
5d
WBTV Charlotte
Belk agrees to sell the company for $3 billion to Sycamore PartnersCHARLOTTE, NC (Katherine Peralta/The Charlotte Obs - Belk has agreed to be pur
Belk agrees to sell the company for $3 billion to Sycamore Partners
WBTV Charlotte / Posted 5 days ago
CHARLOTTE, NC (Katherine Peralta/The Charlotte Obs - Belk has agreed to be purchased by New York-based private equity firm Sycamore Partners for $3 billion. The deal effectively ends local control of the 127-year-old company that began in downtown... Read more
2 related stories
5d
Reuters
Sycamore to buy department store chain Belk for about $3 billionFashion department store operator Belk Inc (BLKIA.PK) said it would be acquired
Sycamore to buy department store chain Belk for about $3 billion
Reuters / Posted 5 days ago
Fashion department store operator Belk Inc (BLKIA.PK) said it would be acquired by private equity firm Sycamore Partners in a deal valued at about $3 billion, including debt. Sycamore will pay $68 per share in cash for Charlotte, North... Read more
15d
WBTV Charlotte
In Charlotte, Belk is more than just a storeCHARLOTTE, NC (Katherine Peralta/ The Charlotte Observer)- Back in April, Charl
In Charlotte, Belk is more than just a store
WBTV Charlotte / Posted 15 days ago
CHARLOTTE, NC (Katherine Peralta/ The Charlotte Observer)- Back in April, Charlotte-based Belk signaled it might be up for sale, but since then it hasn’t shed any new light on its plans. One thing is certain, though. The Belk brand is iconic and... Read more
19d
DutchNews.nl
'American investment group eyes up Hunkemöller'American investment group Sycamore Partners is in talks on taking over Dutch li
'American investment group eyes up Hunkemöller'
DutchNews.nl / Posted 19 days ago
American investment group Sycamore Partners is in talks on taking over Dutch lingerie chain Hunkemöller, the Telegraaf said on Monday, quoting sources close to the talks. A takeover price of €440m is circulating but Sycamore will have to contend... Read more

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