US: Saks takes steps to guard against a takeover
Saks Incorporated has introduced a change to its share structure to prevent a hostile takeover after Mexican billionaire Carlos Slim Helu increased his stake in the luxury retailer to 17.8%.
Saks Incorporated has introduced a change to its share structure to prevent a hostile takeover after Mexican billionaire Carlos Slim Helu increased his stake in the luxury retailer to 17.8%.