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Stock Market & Financial Investment News

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June 10, 2014
06:11 EDTCHSChico's FAS has discussed sale with potential PE suitors, FT reports
U.S. womenswear chain Chico's has held talks with several private equity firms in recent weeks about a potential sale, the Financial Times reports, citing sources. One industry source believes the company would command a premium of about 30% to its market capitalization of $2.36B. It is unclear whether Chico's management would look to partner with a private equity group or sell the entire business. Reference Link
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