Saks Global executives say the financing of the deal recapitalizes the company and positions it to settle up with vendors.

Saks' parent HBC intends to close its $2.65 billion deal to buy the Neiman Marcus Group by the end of ... on the performance ...

Saks Global has completed a $2.7 billion acquisition of Neiman Marcus Group, Hypebeast reported on Thursday. The deal means that Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman will all be ...

Hudson’s Bay Company (HBC), parent company of Saks Fifth Avenue, has completed the acquisition of Neiman Marcus Group, a US-based department store chain, for a total enterprise value of $2.7bn.

NEW YORK — Saks Global, a leading luxury retail and real estate company, has finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value of $2.7 billion. Saks Global now ...

Saks Fifth Avenue's parent company has finalized its nearly $2.7 billion acquisition of Neiman Marcus Group, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.