Neiman Marcus Said to Be Near $6B Sale

Sept. 9 (Bloomberg) -- Neiman Marcus, the luxury retailer that filed for an initial public offering in June, is close to an agreement to sell itself to Ares Management LLC and the Canada Pension Plan Investment Board for $6 billion, two people with knowledge of the matter said. Erik Schatzker reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Indonesia to Ease Property Ownership Rules
50:17 - Indonesia is reviewing regulations that currently ban foreigners from directly owning luxury apartments. Bloomberg’s Haslinda Amin reports on “Trending Business.” (Source: Bloomberg)
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