KKR & Co. L.P. is considering investing in Saks Inc (NYSE:SKS), but the investment management firm might push the management of the luxury retailer to enter a merger transaction with Neiman Marcus Group, according to a report from Cristina Alesci & David Welch of Bloomberg, citing unnamed sources familiar with the issue.
Bloomberg Article about Saks & Neiman Marcus
Bloomberg has also reported that Saks is said to hire Goldman Sachs to explore options. Posted in an article today by David Welch
KKR & Co. L.P. is considering investing in Saks Inc (NYSE:SKS), but the investment management firm might push the management of the luxury retailer to enter a merger transaction with Neiman Marcus Group, according to a report from Cristina Alesci & David Welch of Bloomberg, citing unnamed sources familiar with the issue.
Bloomberg Article about Saks & Neiman Marcus
Bloomberg has also reported that Saks is said to hire Goldman Sachs to explore options. Posted in an article today by David Welch
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