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Saks Fifth Avenue’s online unit eyes IPO with $6 billion valuation

(Bloomberg)—Saks Fifth Avenue’s ecommerce unit is interviewing potential underwriters this week for an initial public offering that could take place in the first half of 2022, Dow Jones reported, citing people familiar with the matter. The luxury retailer is targeting a valuation of around $6 billion, triple its worth in March, it added. Saks is […]

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