Neiman Marcus has been sold by private equity groups TPG and Warburg Pincus for $6 billion to Canadian PE firm Ares Management and Canada Pension Plan Investment Group (CPPIB). TPG and Warburg filed for an IPO earlier this summer but kept their options open, Forbes reports. This transaction is not really surprising given the conditions …
NY Times – DealB%k
- Sign Up for DealBook December 21, 2024Make sense of the latest business and policy headlines with our daily newsletter.
- From Inflation to Bitcoin, 9 Charts That Explain 2024 December 21, 2024Rate cuts, stock surges, and Trump’s tariff threats are among the biggest forces shaping business and the economy.
- Google Proposes Fix to Solve Search Monopoly December 21, 2024The search giant’s proposals included allowing flexibility for companies and consumers in choosing a search engine.