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Off-Price Retailer TJX Acquires Australia’s Trade Secret

Practices: Securities & Public Companies, Real Estate Investments & Transactions, Tax, Executive Compensation & Employee Benefits, Intellectual Property Transactions

Ropes & Gray represented The TJX Companies Inc., the leading off-price retailer of apparel and home fashions in the United States and worldwide, in its acquisition of Trade Secret, an off-price retailer with 35 stores in Australia, for a purchase price of AUD$80 million. The acquisition was completed on Oct. 24.

The Ropes & Gray team was led by securities & public companies partner Joel Freedman and included real estate partner Walter McCabe and tax partner Amanda Holt.

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