Fast Retailing Co.’s Tadashi Yanai, who built his father’s tailor shop into Asia’s biggest clothing retailer and in the process became Japan’s richest man, is stepping up his push into the U.S. market.
J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is in talks about a potential sale to Uniqlo owner Fast Retailing Co., two people with knowledge of the matter said.
J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is interviewing banks as it weighs an initial public offering in the U.S. later this year, people familiar with the matter said.
CVC Capital Partners Ltd. and Leonard Green & Partners LP are among the firms in talks with Safeway Inc. about buying some or all of the grocery chain as it weighs a sale, people with knowledge of the matter said.
U.S. stocks rose, erasing most of yesterday’s drop, as improving manufacturing data tempered concern about the economy and Facebook Inc.’s $19 billion purchase of a messaging startup fueled optimism about deals.