Private equity firms Apollo Global Management and Sycamore Partners are in contention to acquire Family Dollar, with Brigade Capital Management also interested. However, a sale is not imminent, and Dollar Tree might choose to retain the discount retailer despite its struggles. Family Dollar has faced difficulties in attracting new customers and its performance has lagged behind larger competitors like Walmart and Target. Dollar Tree has been consulting investment bankers at JPMorgan Chase to explore its options for Family Dollar since June last year.
Private equity firms Apollo Global Management and Sycamore Partners are competing for the acquisition of Family Dollar, with the deal valued in billions but not imminent.
Dollar Tree has reportedly engaged JPMorgan Chase to explore potential options for Family Dollar after struggling to attract new customers since its acquisition in 2015.
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