Why CPPIB and Ares Withdrawing Neiman Marcus from its IPO is a Big Deal

Posted on 01/09/2017

Are large-chain physical retail stores decaying in North America? Are financial investors failing department store retail? Direct institutional investors such as the Canada Pension Plan Investment Board (CPPIB) and other private equity firms plugged in mounds of capital into department store companies in North America. Will these significant financial bets pay off? The bad news […]

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