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Neiman Said to Draw Interest From CVC, KKR as It Weighs IPO

CVC Capital Partners Ltd. and KKR & Co. have expressed interest in buying Neiman Marcus Inc., the luxury retailer that filed for an initial public offering in June, people familiar with the matter said.

Neiman Marcus’s owners, TPG Capital and Warburg Pincus LLC, began exploring an auction or an IPO in May, said the people, who asked not to be named because the process is private. Selling the retailer to another buyout firm may provide a quicker exit than an IPO, one person said. The deliberations are at an early stage and may not yield a deal, the people said.