Read more at The Wall Street Journal.
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.
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 ... -
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 -
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. -
CNBC - Business
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. -
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 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 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. -
CNBC - Business
Danish brewer Carlsberg to buy soft drinks maker Britvic in $4 billion deal after improved offer
Soft drinks maker Britvic has agreed to a sweetened takeover bid of £3.28 billion ($4.2 billion) from Carlsberg, the companies said Monday.
More from The Wall Street Journal
-
The Wall Street Journal - World
Euro Seen Rising as Political Risk Priced Out
The euro’s modest rise alongside stock market gains suggest traders aren’t dissatisfied with Sunday’s French parliamentary election result, ActivTrades said. -
The Wall Street Journal - World
French Leftist Coalition Prevails Over Le Pen's Far Right in Election Shock
The New Popular Front won the biggest share of the National Assembly but fell far short of a majority, raising the specter of a hung parliament.France -
The Wall Street Journal - World
Property Fraud Allegations Snowball as Commercial Real-Estate Values Fall
A drop in values caused by higher interest rates and a rise in defaults exposes more schemes. -
The Wall Street Journal - World
'Nuclear' Jury Verdicts Rise Alongside American Anger
The insurance industry says more U.S. cases are ending with outsize damage awards against corporations. Victims’ lawyers say the amounts are justified. -
The Wall Street Journal - World
Vanguard's Die-Hard Customers Have a Message for New CEO: 'The Service Is Abysmal'
Salim Ramji takes the helm Monday, and many clients are hoping he will fix customer service.