Saks Global gets final court approval for $1 billion bankruptcy loan after addressing vendor complaints
ReutersFeb 20, 2026 5:06 PM
By Dietrich Knauth
Feb 20 (Reuters) - A U.S. bankruptcy judge on Friday gave final approval to Saks Global's bankruptcy financing, which provides $1 billion in new funding to the company, after Saks reached deals with luxury brand vendors that had raised concerns about goods to the retailer before it went bankrupt.
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