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Saks completes $2.7 billion deal
Saks Global Inks $2.7 Billion Acquisition Of Neiman Marcus In Amazon-Backed Deal
The merged company will combine 36 Neiman Marcus and 41 Saks Fifth Avenue stores amid a faltering luxury retail market.
Saks completes $2.7 billion deal with Neiman Marcus CEO set to exit
Neiman Marcus transaction, Geoffroy van Raemdonck, along with certain members of the Neiman Marcus leadership team, will
Saks Global names new leadership as it completes $2.7B Neiman Marcus acquisition
Saks CEO Marc Metrick will lead the expanded company, while Chief Merchandising Officer Tracy Margolies will take over as Bergdorf Goodman’s president.
Saks Global Completes Acquisition of Neiman Marcus Group
Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value
$2.7B purchase of Neiman Marcus completed
Saks Global announced Dec. 23 it completed its $2.7 billion acquisition of Neiman Marcus, aligning two historic names in luxury retail and putting a prominent Dallas company under the control of a New York-based chain.
Saks Finalizes $2.7 Billion Deal to Buy the Neiman Marcus Group
The deal creates a luxury retail empire in the U.S. and also raises questions over possible consolidations, executive changes and relationships with vendors.
HBC concludes Neiman Marcus Group acquisition for $2.7bn
Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue, and Saks OFF 5TH unite under Saks Global's tech-driven luxury retail.
Saks Owner Completes Acquisition of Neiman Marcus
Saks Fifth Avenue's parent company has finalized its nearly $2.7 billion acquisition of Neiman Marcus Group, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.
voguebusiness
1d
The Saks-Neiman merger is on
The deal for the two retail groups to join forces is complete. It’s the first step in Saks Global’s big ambitions.
12d
on MSN
Saks Owner HBC Secures $2 Billion Bond to Buy Neiman's
But overall, the Saks world is set to get much bigger. According to sources, HBC has secured a $2 billion-plus junk bond this ...
NBC Los Angeles on MSN
8d
Shoppers say Saks Fifth Avenue refuses to refund money for items they return
Shoppers they say Saks Fifth Avenue has been withholding their refunds even after they returned their items. Carolyn Johnson ...
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