Neiman Marcus Department Stores Sell At $6 Billion.

< p > < a > href= > http://www.91se91.com/news/index_c.asp > high-end luxury goods > /a > department store Neiman Marcus paction price of $6 billion, completed by Ares Management Co Ltd and Canada Pension Plan Investment Committee (CPPIB).

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David Kaplan, joint head of private equity business, said P a href= "http://www.91se91.com/pioneer/" > Ares < /a > plans to invest effective funds to ensure that Neiman Marcus can be at the top of the retail sector as a leader in long-term development.

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< p > it is reported that the current owner of the "a href=" http://www.91se91.com/news/index_c.asp "Neiman Marcus < /a", namely, a private equity investor team in TPG and Warburg Pincus, bought the department store after buying $1 billion 500 million in 2005. He said that if he could not find a buyer who could pay 6 billion dollars to acquire the department store, he would proceed to prepare for the listing.

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Karen Katz, chief executive officer of P Neiman Marcus, said she has great confidence in customers, partners and suppliers of the department store.

He believes that new investors will help them continue their efforts in developing luxury and fashion businesses, providing customers with thoughtful services and innovative marketing.

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"P", the same year in July, Neiman Marcus department store competitor - Sax Fifth Avenue boutique department store (Saks Fifth Avenue) for $2 billion 400 million paction price, easy to host the Canadian Hudson Bay Department Store (Hudson Bay).

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