(Reuters) - The talks with private-equity firm Istithmar, one of the big investment firms in the oil-rich United Arab Emirates, have reached the final stages, the Post and Journal said, citing sources. A potential deal was first reported by apparel trade publication Women's Wear Daily in April.
The $950 million deal, according to the Post, would be more than double what Jones Apparel paid for Barneys three years ago. The Journal priced the deal between $800 million and $850 million, citing a person familiar with the matter.
Read more at Reuters.com Business News
The $950 million deal, according to the Post, would be more than double what Jones Apparel paid for Barneys three years ago. The Journal priced the deal between $800 million and $850 million, citing a person familiar with the matter.
Read more at Reuters.com Business News
No comments:
Post a Comment