Reuters exclusively reported that Macy’s Inc has agreed to open its books to Arkhouse and Brigade Capital, a potential breakthrough in the investment firms’ $6.6 billion bid to take the U.S. department store operator private.
Deals
Macy’s opens its books in company sale talks
19 March 2024, 2:43 pm 1 minute
Market Impact
Macy’s shares jumped 3% on the news.
Article Tags
Topics of Interest: Deals
Type: Reuters Best
Sectors: Business & FinanceRetail & Consumer Goods
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story