Login

Hudson’s Bay Board Agrees to Take Stores Private

Management Group Led by Chairman Richard Baker Sweetens Bid to $1.9 Billion
A fur trading business for much of its existence, Hudson's Bay now owns and operates retail stores throughout Canada and the United States. (Getty Images)
A fur trading business for much of its existence, Hudson's Bay now owns and operates retail stores throughout Canada and the United States. (Getty Images)
By Jennifer Waters
CoStar News
October 21, 2019 | 8:51 P.M.

Hudson’s Bay Co. is a step closer to going private after a management-led buyout offer, sweetened by more than $75 million, got the unanimous nod from the company’s board.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE