Talks to sell Victoria’s Secret to Sycamore Partners to spill into next week


Josephine Skriver attends the debut of Victoria’s Secret’s new fall collection at Natick Mall on August 17, 2019 in Natick, Massachusetts.

Taylor Hill | Getty Images

Talks to sell L Brands‘ Victoria’s Secret brand to private equity firm Sycamore Partners will spill into next week, as the complex deal structure creates headaches for its advisors, people familiar with the situation said.

L Brands had hoped to complete a deal by the end of this week, people familiar with the situation previously said. The company is now aiming to announce a deal as soon as Tuesday, people familiar with the matter said. They spoke on terms of anonymity because the deal talks are confidential.

Sycamore is…


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