USA luxury goods chain department store Saks Fifth Avenue's parent company spent $2.65 billion to acquire competitor Neiman Marcus.

The mother company of the American luxury goods chain department store Saks Fifth Avenue, has agreed to acquire competitor Neiman Marcus for $2.65 billion.

Zhitong Finance11:05

Saks Fifth Avenue's Parent Company To Buy Neiman Marcus For $2.65B, With Amazon's Help: Report

The parent company of Saks Fifth Avenue has reportedly agreed to acquire its rival Neiman Marcus for $2.65 billion. The deal, which is expected to be announced imminently, will see the involvement of

Benzinga09:34

Top 20 trading volume | Tesla rose more than 6% to a six-month high, with its stock price up for seven consecutive days; Nvidia closed up nearly 5%, with a large number of new AI GPUs to be delivered in Q3.

Tesla, the top traded stock in U.S. on Wednesday, rose by 6.54% with a trading volume of $40.351 billion. NVIDIA, the second most traded stock, rose by 4.57%, with a volume of $27.019 billion, while Apple, the third most traded stock, rose by 0.58% with a volume of $8.246 billion.

環球市場播報07:09

Salesforce(CRM.US) Officer Sells US$1.08 Million in Common Stock

$Salesforce(CRM.US)$ Officer Harris Parker sold 4,200 shares of common stock on Jul 2, 2024 at an average price of $256.2372 for a total value of $1.08 million.Source: Announcement What is statement o

Futu News06:49

Neiman Marcus to Be Acquired by Saks Owner HBC: Report -- Barrons.com

By Sabrina Escobar Saks Fifth Avenue's parent company is buying the luxury department store Neiman Marcus for $2.65 billion, The Wall Street Journal reported Wednesday. The combined company, called

Barron's05:02

Two More Luxury-fashion Players Could Join Forces - With the Backing of Amazon, Report Says

By Bill Peters Saks Fifth Avenue's owner could soon acquire Neiman Marcus and get a financial boost from Amazon, Wall Street Journal reports Upscale fashion retail chains Saks Fifth Avenue and Neima

MarketWatch05:01