L Brands to test private equity firms' appetite for Victoria's Secret again: NYT

---

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

---

(Reuters) - L Brands' bankers at Goldman Sachs would begin pitching buyout firms about a potential sale of its Victoria's Secret lingerie brand as soon as this week, the New York Times reported on Tuesday, citing people with knowledge of the matter.

The Columbus, Ohio-based company's attempt to sell a majority stake in its Victoria's Secret business to Sycamore Partners collapsed last year after the buyout firm alleged that L Brands breached the terms of the deal.

L Brands did not immediately respond to Reuters' request for comment.

Earlier this month, the company said it was aiming to complete the separation of its Victoria's Secret and Bath & Body Works businesses by August, with options including a spin-off of the former into a public company or a private sale of the business.

(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shinjini Ganguli)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Koch to Acquire Transaction Network Services from Siris Capital
• Dell Technologies (DELL) said to explore sale of Boomi cloud business - Bloomberg
• Inspirato Said in Talks to Merge with Thayer Ventures Acquisition (TVAC) - Bloomberg (Earlier)