The board of directors of L Brands has approved a plan to split into two independent companies: Bath & Body Works and Victoria's Secret. It will be carried out through a pro rata distribution of Victoria's Secret shares to L Brands shareholders. The procedure is expected to be completed in August 2021.
The board of directors of L Brands has approved a plan to split into two independent companies: Bath & Body Works and Victoria's Secret. It will be carried out through a pro rata distribution of Victoria's Secret shares to L Brands shareholders. The procedure is expected to be completed in August 2021. 
English (US) 