Neiman Said to Draw Interest From CVC, KKR as It Weighs IPO

Neiman Marcus in Natick, Massachusetts | Source: Neiman Marcus

DALLAS, United States — CVC Capital Partners Ltd. and KKR & Co. have expressed interest in buying Neiman Marcus Inc., the luxury retailer that filed for an initial public offering in June, people familiar with the matter said.

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IPO Likely Neiman Marcus Option as Underwriters Chosen

Source: Reuters

DALLAS, United States — Neiman Marcus has appointed a syndicate of banks for a possible initial public offering, two people familiar with the matter said on Monday, in the latest sign that the high-end department store is leaning towards a listing over pursuing an outright sale.

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Neiman Marcus Files for IPO as Private Equity Owners Seek Exit

Neiman Marcus in Natick, Massachusetts | Source: Neiman Marcus

NEW YORK, United States — Neiman Marcus Inc filed registration papers on Monday for an initial public offering as its private equity owners eye an exit for their long-held investment in the luxury department store operator.

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Neiman Marcus Plans to Raise up to $100M in IPO

Neiman Marcus in Natick, Massachusetts | Source: Neiman Marcus

NEW YORK, United States — Luxury retailer Neiman Marcus plans to raise up to $100 million from an initial public offering of its common stock. That amount is likely to change though as bankers gauge investor interest. Private equity firms TPG Capital and Warburg Pincus are the selling shareholders. The firms bought Neiman Marcus in 2005 for $5.1 billion. Neiman Marcus won't receive any proceeds from the offering.

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TPG Capital, Warburg Pincus Said to Explore Neiman Marcus Exit

Neiman Marcus in Natick, Massachusetts | Source: Neiman Marcus

NEW YORK, United States — TPG Capital and Warburg Pincus LLC are exploring a sale or public offering of Neiman Marcus Group Inc. eight years after acquiring the luxury retailer, according to two people familiar with the matter.

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