02:03 PM EST, 02/20/2025 (MT Newswires) -- Dollar Tree's ( DLTR ) discount retail brand Family Dollar has attracted takeover interest from various private equity firms including Apollo Global Management ( APO ) and Sycamore Partners, Reuters reported Thursday, citing people familiar with the matter.
Sources also said asset management firm Brigade Capital Management has shown interest in acquiring the discount retailer.
A deal for Family Dollar, which could be worth billions, is not expected soon, and Dollar Tree ( DLTR ) may decide not to sell the business, the sources were quoted as saying. Dollar Tree ( DLTR ) has been working with JPMorgan Chase ( JPM ) since June last year to explore options, including a sale or spinoff of Family Dollar, the report said.
Dollar Tree ( DLTR ), Apollo Global Management ( APO ), and Sycamore Partners did not immediately reply to MT Newswires' request for comments.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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