The Victoria's Secret sale is inching closer to becoming a reality.
Sources are reporting that the sale could be completed by as soon as Tuesday. Both sided are working tirelessly to hammer out the details in the complicated negotiations.
One thing is for certain...Sycamore Partners have no desire to retain Wexner as CEO and the deal is contingent on Wexner vacating his position.
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Source:
https://www.cnbc.com/2020/02/14/talks-to-sell-victorias-secret-to-sycamore-partners-to-spill-into-next-week.html