(Reuters) - DUBAI, Aug 5 - Dubai-based private equity firm
Istithmar raised its offer to acquire Barneys New York Inc.
from Jones Apparel Group Inc. to $900 million on
Sunday, matching a bid by Japan's Fast Retailing Co. Ltd.
.
Istithmar, owned by the government of Dubai, had agreed to
buy the luxury retailer for $825 million before Fast Retailing
entered the fray with a $900 million offer.
Read more at Reuters.com Mergers News
Istithmar raised its offer to acquire Barneys New York Inc.
from Jones Apparel Group Inc. to $900 million on
Sunday, matching a bid by Japan's Fast Retailing Co. Ltd.
.
Istithmar, owned by the government of Dubai, had agreed to
buy the luxury retailer for $825 million before Fast Retailing
entered the fray with a $900 million offer.
Read more at Reuters.com Mergers News
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