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L Brands Found a Buyer for La Senza

L Brands Found a Buyer for La Senza

On December 13, L Brands (LB) announced that it will transfer ownership and control of its entire La Senza business to Regent LP—a private equity firm. As part of the deal, Regent LP will take over the operating liabilities. Regent LP will pay L Brands in case there’s monetization of any La Senza assets.