L Brands Inc

NYSE:LB   3:59:58 PM EDT
+1.24 (+1.79%)
Strategic Combinations, Mergers / Acquisitions

L Brands Announces Partnership With Next PLC For Victoria's Secret UK

Published: 09/14/2020 22:25 GMT
L Brands Inc (LB) - L Brands Announces Partnership With Next Plc for Victoria’s Secret Uk.
L Brands Inc - Victoria's Secret Uk and Next Plc Have Formed a Joint Venture in Deal.
L Brands Inc - Jv Will Acquire Majority of Assets of Victoria's Secret Uk Business That is Currently in Administration.
L Brands Inc - Newly Formed Jv Will Operate All Victoria's Secret Stores in Uk and Ireland.
L Brands Inc - Next Plc Will Own 51 Percent of Jv, While Victoria's Secret Will Own 49 Percent in Deal.