Saks owner to buy Neiman Marcus in $2.65 bln deal-February 2024-www.financetom.com

Saks owner to buy Neiman Marcus in $2.65 bln deal

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Saks owner to buy Neiman Marcus in $2.65 bln deal

Jul 4, 2024 10:38 AM

July 4 (Reuters) - The parent of Saks Fifth Avenue said

on Thursday it has agreed to buy rival luxury retailer Neiman

Marcus in a $2.65 billion deal.

(Reporting by Arasu Kannagi Basil in Bengaluru)

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