Hedge Fund News From HedgeCo.Net

Saks Fifth Avenue e-commerce unit aims for IPO at $6 billion valuation

October 18, 2021 : Permanent Link

(Reuters) The e-commerce business of luxury department store Saks Fifth Avenue is preparing for an initial public (IPO) offering and targeting a $6 billion valuation, the Wall Street Journal reported Sunday, citing sources.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.

Recent Posts

  1. Stock futures fall after Meta Platforms, IBM report quarterly results: Live updates
  2. Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
  3. IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
  4. JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
  5. Rubrik prices IPO at $32 per share, above the expected range

Search


Categories