Ascena Retail Group entered into an asset purchase agreement with Sycamore Partner’s affiliate, Premium Apparel, to sell Ann Taylor, LOFT, Lane Bryant and Lou & Grey brands for $540 million on a cash-free and debt-free basis.
Alvarez & Marsal has expanded its Healthcare Compliance Advisory services with the appointment of Colleen Curran as managing director and Mary Findley as senior director.
Alvarez & Marsal expanded its Corporate Performance Improvement group on the West Coast with the hiring of Carlos Munoz as managing director in San Francisco.
In the early stages, corporate turnarounds can resemble a hospital emergency room, according to Malcolm McKenzie. Performing triage may be the only way to save the patient. He offers eight practical tips to execute a successful turnaround.