Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / LB - L Brands Victoria's Secret may be worth $4b in a potential sale report says


LB - L Brands Victoria's Secret may be worth $4b in a potential sale report says

L Brands (LB) Victoria's Secret unit may be worth $4b-$5b in a potential sale after it was almost sold for $1b last year, according to a NY Post report.Hedge funds with a more bullish view on Victoria's Secret estimate the lingerie seller may be worth more than $4b, the paper said. The new price tag come as L Brands bankers plan to send out pitch books for the business in the coming days.Recall Feb. 23, L Brands gains on report of plan to pitch Victoria's Secret sale to PE firms.Recall Feb. 4, L Brands spin of Victoria's Secret more likely than sale, BMO says.

For further details see:

L Brands Victoria's Secret may be worth $4b in a potential sale, report says
Stock Information

Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE

Menu

LB LB Quote LB Short LB News LB Articles LB Message Board
Get LB Alerts

News, Short Squeeze, Breakout and More Instantly...