CINCINNATI (AP) ­- Federated Department Stores Inc. said Friday it will sell its Bridal Group division in two separate transactions for a total of $850 million.

An affiliate of Los Angeles-based Leonard Green & Partners is paying about $750 million for the 269-store David’s Bridal and 10-store Priscilla of Boston businesses, Federated said. Separately, Houston-based Men’s Wearhouse is paying about $100 million for the 511-store After Hours Formalwear business, which includes Mr. Tux stores in New England. Both transactions are expected to close in the first quarter of next year, pending regulatory approvals, Federated said.

Federated accounts for its Bridal Group division, based in Conshohocken, Pa., as a discontinued operation.

“While the Bridal Group did not fit with Federated’s strategy for focusing on the nationwide Macy’s and Bloomingdale’s brands, we do believe these businesses have a promising future under the ownership of Leonard Green and Men’s Wearhouse,” said Terry Lundgren, Federated’s chairman, president and chief executive officer.

David’s Bridal and Priscilla of Boston will continue under the leadership of the Bridal Group management team following the sale, Federated said, while Men’s Wearhouse will integrated its operations with After Hours. Priscilla of Boston’s factory is in Charlestown, Mass.

Federated operates more than 850 department stores in 45 states, the District of Columbia, Guam and Puerto Rico under the names of Macy’s and Bloomingdale’s.

Federated shares rose 58 cents, or 1.38 percent, to close at $42.57 on the New York Stock Exchange. Its shares have traded in a 52-week range of $31.75 to $45.01.

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On the Net: www.federated-fds.com