FORT MYERS, Fla., Jan. 5, 2024 /PRNewswire/ -- Chico's FAS, Inc. ((", Company", or ", Chico', s FAS, ", NYSE:CHS) today announced the completion of its acquisition by Sycamore Partners, a private equity firm specializing in retail, consumer, and distribution-related investments, for $7.60 per share, in an all-cash transaction valued at approximately $1 billion.
"Joining the Sycamore portfolio of leading retail brands marks an important milestone for Chico's FAS and continues our journey as a customer-led, product-obsessed, digital-first, and operationally excellent company," s