Buyout firms vie for discount retailer Family Dollar, sources say
Family Dollar is facing a potential sale or spinoff, with private equity firms Apollo Global Management, Sycamore Partners, and Brigade Capital Management expressing interest in acquiring the discount retail chain. The retailer has struggled with performance since its acquisition by Dollar Tree in 2015, and is seeking new owners to revive its growth. A deal could value Family Dollar at several billion dollars, but no immediate agreement is expected.
- This potential sale highlights the changing retail landscape, where struggling companies are being considered for acquisition or spinoff as a means of revitalization.
- What role will private equity firms play in shaping the future of discount retailing, and how will their involvement impact consumer prices and product offerings?