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Market
What will be the market cap of Saks Global by end of Q2 2025?
3
Resolution / Starting Odds
Below $2 billion • 25%
$2 billion to $4 billion • 25%
$4 billion to $6 billion • 25%
Above $6 billion • 25%
Financial reports from Saks Global, financial news outlets like WSJ
Story
Saks Parent Acquires Neiman Marcus for $2.65 Billion with Amazon and Salesforce Support
Jul 3, 2024, 08:06 PM
The parent company of Saks Fifth Avenue has finalized a $2.65 billion deal to acquire its rival, Neiman Marcus. The transaction is supported by Amazon, which will take a minority stake in the newly formed entity, to be named Saks Global. Salesforce is also involved in the deal. This merger is expected to create a significant player in the retail industry. WSJ reports.
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Similar markets
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Asia • 25%
Europe • 25%
South America • 25%
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Below $1.6 billion • 25%
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Enhanced online shopping platform • 25%
New logistics and delivery system • 25%
AI-driven customer service • 25%
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Above $50 billion • 25%
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More than $6B • 25%