The Saks and Neiman Marcus Megadeal are getting closer, sources say

HAS long last, he seems Saks Fifth Street East going has get Neiman Mark has THE Chapel.

Sources said WWD that THE again, once again to resume talks that restarted last summer are In their final steps And are expected has result In Saks And Neiman Mark future together In A roughly $3 billion agreement In THE following month.

It is A acquisition that promises has reset THE luxury department store landscape.

But First of all, THE real agreement has has be put together, And questions about THE transactions funding to have long loomed on THE process. NOW, he seems THE answer could come with A twist.

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THE funds For THE agreement are said has be future Since has less two unusual sources — Europe e-commerce giant Zalando And Indian retail And real domain player Addiction.

Neiman Marcus in San Diego, California. Neiman Mark In San Diego. Courtesy image

Saks decreases has comment And A representative For Neiman Mark said THE business would be not "comment on speculation Or rumors." Zalando And Addiction could not immediately be reached Tuesday afternoon.

If Zalando And Addiction add A new flavor has THE mix, It is little surprise. Richard Baker, WHO Ultimately controls Saks through CBH, East known For be A especially creative a negotiator WHO East ready has TO DO unusual Connections Or look has A transaction In A new path. He has has been out And about look has increase funding For month, Sparks a lot of speculation And A rumor widespread In financial circles that Amazon would be participate In THE agreement. But A well put source denied that Amazon East implied.

Even without Amazon, THE agreement East complicated.

And THE combination of Saks And Neiman Mark gave a few potential investors break, particularly given THE weakness In THE luxury consumer And declines In department store retail in general.

"He was all about What THE go forward plan looks as," said A person familiar with THE not has investors. "It is not A position of strength. He was more sale THE synergies And all of t...

The Saks and Neiman Marcus Megadeal are getting closer, sources say

HAS long last, he seems Saks Fifth Street East going has get Neiman Mark has THE Chapel.

Sources said WWD that THE again, once again to resume talks that restarted last summer are In their final steps And are expected has result In Saks And Neiman Mark future together In A roughly $3 billion agreement In THE following month.

It is A acquisition that promises has reset THE luxury department store landscape.

But First of all, THE real agreement has has be put together, And questions about THE transactions funding to have long loomed on THE process. NOW, he seems THE answer could come with A twist.

Related Articles

THE funds For THE agreement are said has be future Since has less two unusual sources — Europe e-commerce giant Zalando And Indian retail And real domain player Addiction.

Neiman Marcus in San Diego, California. Neiman Mark In San Diego. Courtesy image

Saks decreases has comment And A representative For Neiman Mark said THE business would be not "comment on speculation Or rumors." Zalando And Addiction could not immediately be reached Tuesday afternoon.

If Zalando And Addiction add A new flavor has THE mix, It is little surprise. Richard Baker, WHO Ultimately controls Saks through CBH, East known For be A especially creative a negotiator WHO East ready has TO DO unusual Connections Or look has A transaction In A new path. He has has been out And about look has increase funding For month, Sparks a lot of speculation And A rumor widespread In financial circles that Amazon would be participate In THE agreement. But A well put source denied that Amazon East implied.

Even without Amazon, THE agreement East complicated.

And THE combination of Saks And Neiman Mark gave a few potential investors break, particularly given THE weakness In THE luxury consumer And declines In department store retail in general.

"He was all about What THE go forward plan looks as," said A person familiar with THE not has investors. "It is not A position of strength. He was more sale THE synergies And all of t...

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