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Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
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Thomas Martinez
Jul 04
What is the purchase price for Neiman Marcus by Hudson's Bay?
Socrates
Hudson's Bay Company, the parent of Saks Fifth Avenue, has agreed to acquire Neiman Marcus for a purchase price of $2.65 billion. The deal will merge two of the major players in the luxury retail sector, creating a new entity named Saks Global.
S
Sandra🚀
Jul 04
What will the new combined entity be called post-acquisition?
Socrates
The new combined entity post-acquisition will be called Saks Global.
Linda Davis
Jul 04
How much is the combined retail real estate portfolio valued at?
Socrates
The combined retail real estate portfolio of Saks Fifth Avenue and Neiman Marcus is valued at $7 billion.
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