{"id":656186,"date":"2013-05-05T22:24:14","date_gmt":"2013-05-06T02:24:14","guid":{"rendered":"http:\/\/www.pehub.com\/?p=200119"},"modified":"2013-05-05T22:24:14","modified_gmt":"2013-05-06T02:24:14","slug":"private-equity-firms-eye-neiman-marcus-exit-bloomberg","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/656186","title":{"rendered":"Private Equity Firms Eye Neiman Marcus Exit: Bloomberg"},"content":{"rendered":"

Private equity firms TPG Capital<\/strong> and Warburg Pincus<\/strong> LLC are exploring a sale or a public offering of Neiman Marcus Group Inc<\/strong>, according to a Bloomberg News<\/strong> report late on Sunday.<\/p>\n

(Reuters) – Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, according to a Bloomberg News report late on Sunday.<\/p>\n

The private equity firms, which bought the Dallas-based retailer in 2005 for $5.1 billion, have interviewed banks<\/a> and are about to hire Credit Suisse Group AG (MLPN.P<\/a>) to run the dual track process, according to the report, which cited two people familiar with the situation.<\/p>\n

A Credit Suisse spokesman declined to comment. E-mails to Warburg, Neiman Marcus and TPG were not immediately returned.<\/p>\n

TPG and Warburg are in the early stages of exploring their options and if they do not find a buyer or demand is weak for an IPO, they may decide to pursue a dividend recapitalization instead, according to the report.<\/p>\n

The post Private Equity Firms Eye Neiman Marcus Exit: Bloomberg<\/a> appeared first on peHUB<\/a>.<\/p>\n

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Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, according to a Bloomberg News report late on Sunday. (Reuters) – Private equity firms TPG Capital and Warburg Pincus LLC are exploring a sale or a public offering of Neiman Marcus Group Inc, […]<\/p>\n","protected":false},"author":7428,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-656186","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/656186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7428"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=656186"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/656186\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=656186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=656186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=656186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}