Iceland's Baugur Group Weighs Making Joint Bid for Saks Inc.
Icelandic investment firm Baugur Group hf said in a regulatory filing that it would like to explore the possibility of acquiring luxury retailer Saks Inc.
Icelandic investment firm Baugur Group hf said in a regulatory filing that it would like to explore the possibility of acquiring luxury retailer Saks Inc.
Baugur Group, which holds an 8.5% stake in Saks, said it might make a proposal for the acquisition of Saks with Dubai-based Landmark Group.
It seems that Saks has been always on the market and we'll have to wait and see on this one. The BRAG insider has learned that there is no deal on the table and nothing has been mentioned internally...we'll be watching this one closely
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