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February 13, 2026
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Category: department store

acquisition Apollo said to provide up to $2bn debt financing in Kohl’s Group acquisition

Apollo said to provide up to $2bn debt financing in Kohl’s Group acquisition

Apollo Global Management is said to be in talks to provide up to $2bn in debt financing to retail store operator Franchise Group for the potential acquisition of department store chain Kohl's Corp. The post

bankrupt Sycamore emerges as potential JC Penney saviour, a month after backing out of Victoria’s Secret buyout

Sycamore emerges as potential JC Penney saviour, a month after backing out of Victoria’s Secret buyout

Sycamore Partners is reportedly in talks to buy US department store chain JC Penney out of bankruptcy, just a month after backing out of an agreed buyout of troubled fellow retailer Victoria's Secret.