Brief: Chico's Fas, Inc. Enters Into Definitive Agreement To Be Acquired By Sycamore Partners For $1 Billion

Chico's FAS

28/09/2023 13:06

Sept 28 (Reuters) - Chico's FAS Inc  CHS.N :
    * CHICO'S FAS, INC. ENTERS INTO DEFINITIVE AGREEMENT TO BE
ACQUIRED BY SYCAMORE PARTNERS FOR $1 BILLION
    * CHICO'S FAS INC: CHICO'S FAS SHAREHOLDERS TO RECEIVE $7.60
PER
SHARE IN CASH, A 65% PREMIUM TO YESTERDAY'S CLOSING STOCK PRICE
    * CHICO'S FAS INC - CHICO'S FAS SHAREHOLDERS TO RECEIVE
$7.60 PER
SHARE IN CASH, A 65% PREMIUM TO YESTERDAY'S CLOSING STOCK PRICE
    * CHICO'S FAS INC - UPON COMPLETION OF TRANSACTION, CHICO'S
FAS
WILL BECOME A PRIVATELY HELD COMPANY

Source text for Eikon:  ID:nPnq8qCva 
Further company coverage:  CHS.N 

 ((Reuters.Briefs@thomsonreuters.com;))