CPPIB and Ares Management Buys Neiman Marcus

Posted on 09/10/2013

The Canadian public pension plans do not fear direct investments. Earlier, the Ontario Teachers’ Pension Plan (OTPP) was involved in the Hudson’s Bay Company acquisition of Saks Inc. The Canada Pension Plan Investment Board (CPPIB) and Ares Management LLC through their affiliates have signed an agreement to acquire Neiman Marcus Group LTD Inc. for a […]

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