Read more at CNBC.
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
Date: |
Sort by
Filter
Date
-
The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
MarketWatch - Business
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday. -
The Wall Street Journal - World
Saks Fifth Avenue's parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.
Saks Fifth Avenue’s parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers. -
ABC News - Top stories
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake -
The New York Times - Business
Saks Acquires Neiman Marcus
The deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape the retail landscape. -
The Wall Street Journal - World
Saks Owner to Buy Neiman Marcus, With Help From Amazon
Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands. -
The Wall Street Journal - World
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter’s kidney-care spinoff Vantive for more $4 billion, including debt. -
Financial Times - Business
EQT strikes £2.2bn deal for Irish video gaming group Keywords Studios
Swedish buyout company lowers price in agreement that underlines attraction of London’s stock market
More from CNBC
-
CNBC - Business
Biden's TV interview fails to quell re-election concerns among lawmakers, donors and strategists
Concerns about President Biden have grown in the days since he delivered a stumbling debate performance against Donald Trump.Joe Biden -
CNBC - Business
France's political future hangs in the balance as votes cast in final round of snap election
French voters are heading to the polls on Sunday for the second and final round of voting in a snap parliamentary election. -
CNBC - Business
Southwest Airlines shareholders puzzled by Elliott's activism can look to past campaigns for insight
Elliott Management's $1.9 billion stake in Southwest Airlines has raised concern among investors who value the company's steadfast culture. -
CNBC - Business
Tesla shares wipe out loss for the year with 27% rally this week
After a dismal start to 2024, Tesla's stock has rallied sharply of late, including a 27% gain this week, to wipe out its loss for the year. -
CNBC - Business
'A kind of civil war': Divided France on alert for unrest amid political earthquake
For ordinary voters, political polarization in French society is a worrying development that makes them fear for France's future.