Saks Global in Talks to Sell 49 Percent Stake in Bergdorf Goodman for $1 Billion
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Saks Global in Talks to Sell 49 Percent Stake in Bergdorf Goodman for $1 Billion

Saks Global, the parent of Saks Fifth Avenue, is in talks to sell a 49% stake in luxury retailer Bergdorf Goodman for about $1 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.