Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports-February 2024-www.financetom.com

Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports

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Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports

Jul 3, 2024 1:08 PM

July 3 (Reuters) - The parent of Saks Fifth Avenue

sealed a $2.65 billion deal to buy rival Neiman Marcus with a

little help from Amazon ( AMZN ), the Wall Street Journal

reported on Wednesday.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by

Shinjini Ganguli)

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