Canada Pension Plan, Ares Buy Neiman Marcus for $6B: UPDATED
A consortium of Ares Management LLC and the Canada Pension Plan Investment Board reached a deal to buy luxury U.S. retailer Neiman Marcus Inc for $6 billion from a group of investors led by private equity firms TPG Capital LP and Warburg Pincus LLC, sister news service Reuters reported.
9 September 2013•3 mins read
