United States
Istithmar Completes Acquisition of Barneys
Istithmar announced today the completion of its acquisition of luxury retailer Barneys New York at a purchase price of USD 942.3 million. The company announced the closing following the signing of definitive documents on 8 August 2007 and obtaining clearance from U.S. antitrust authorities to buy the luxury retail chain. »
Istithmar reaches definitive agreement to acquire Barneys
Istithmar, the leading Dubai based private equity and alternative investment house successfully reached agreement to acquire luxury retailer chain Barneys New York, at a final purchase price of USD942.3 million, after negotiations came to a close. In a statement issued by H. E. Sultan Ahmed Bin Sulayem, Executive Chairman of Istithmar said, ‘We are... »
Istithmar Revises Offer to Acquire Barneys New York for USD 942.3 million
Istithmar PJSC, the leading private equity and alternative investment house headquartered in Dubai, announced today that it has revised its offer to acquire Barneys New York, the luxury specialty retailer, from Jones Apparel Group Inc. at a purchase price of USD 942.3 million and under competitive terms in the share purchase agreement. If this... »
Istithmar Revises Offer to Acquire Barneys New York for USD 900 million
Istithmar PJSC, a leading private equity and alternative investment house headquartered in Dubai, announced today that it has revised its offer to acquire Barneys New York, the luxury specialty retailer, from Jones Apparel Group Inc. at a purchase price of USD 900 million and under competitive terms in the share purchase agreement. If this... »
Istithmar agrees to acquire Barneys New York for US$825 million
Istithmar, a leading private equity and alternative investment house headquartered in Dubai, announced the signing of definitive agreements to acquire Barneys New York, the luxury specialty retailer, from Jones Apparel Group Inc. (NYSE:JNY) for US$825 million. The transaction is subject to customary closing conditions and approvals. Barneys New York (www.barneys.com), currently a wholly owned... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum