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home / news releases / HBAYF - Hudson's Bay: Hoping For A Higher Take Private Bid


HBAYF - Hudson's Bay: Hoping For A Higher Take Private Bid

There has been a lot of news around Hudson's Bay (HBAYF) recently, with its decision to divest its German real estate and operations and the offer to take Hudson's Bay private at $9.45 CAD (approximately $7.04 USD) per share. Overall, Hudson's Bay's retail results look mixed still, although there appears to be hope (outside of Lord + Taylor).

German Exit

Hudson's Bay is mostly exiting from Europe, after agreeing to sell its remaining stake in its German real estate JV and its retail JV stake to SIGNA for 1 billion Euros (or $1.12 billion USD

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Stock Information

Company Name: Hudson's Bay Co.
Stock Symbol: HBAYF
Market: OTC
Website: www3.hbc.com

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