Credit Suisse First Boston, Deutsche Bank and Goldman Sachs will arrange the financing for Texas Pacific Group's and Warburg Pincus' $5.1 billion buyout of The Neiman Marcus Group. In March, Neiman Marcus said it was exploring strategic alternatives to enhance shareholder value, including the possibility of selling the company, a spokeswoman said. "We believe that our new partners will help us continue to focus on a business plan that is dedicated to luxury leadership, financial discipline, quality and growth," she said by email. "We expect to continue conducting business as usual."
Trio Teams Up For Neiman Marcus Financing