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The Victoria’s Secret Contract That Anticipated a Pandemic.

The Victoria’s Secret Contract That Anticipated a Pandemic.

by TEXTILE VALUE CHAIN | May 21, 2020 | Covid 19, Finance & Economy, Industry And Cluster, News & Insights

A buyout firm is trying to back out of its deal for Victoria’s Secret, citing the coronavirus. The contract’s wording will make that tricky. The $525 million agreement that Sycamore Partners signed to buy Victoria’s Secret exempts a pandemic as a reason to call the...

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