HBC, parent company of Saks Fifth Avenue, finalises acquisition of Neiman Marcus Group
HBC, parent company of Saks Fifth Avenue, enters into a definitive agreement to acquire Neiman Marcus Group, parent company of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. At the close of the acquisition deal, HBC will establish Saks Global, a combination of world-class luxury retail and real estate assets, […]