Saks in talks to sell 49% stake in Bergdorf Goodman for about $1B: WSJ
PositiveU.S News

Saks is reportedly in discussions to sell a 49% stake in Bergdorf Goodman for approximately $1 billion, with at least four bidders, including Middle Eastern sovereign wealth funds and strategic investors. This potential deal, which could be finalized early next year, highlights the growing interest in luxury retail and the financial strength of these investors, signaling a positive outlook for the market.
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