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Tag: Hudsons

Hudson’s Bay CEO Helena Foulkes leaving later this month

Helena Foulkes attends the 2018 National Retail Federation Gala at Pier 60 on January 14, 2018 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images Saks Fifth Avenue’s parent company is about to lose its CEO, as the high-end department store operator prepares to go private. Hudson’s Bay Co. Chief Executive …

Hudson’s Bay CEO Helena Foulkes leaving later this monthRead More

Hudson’s Bay takeover saga nears an end

Get great content like this right in your inbox. Subscribe Hudson’s Bay Company has moved closer to being taken private. A special committee of the department store company’s board has reaffirmed its endorsement of a buyout of shares to take the company private by a group headed by executive chairman Richard Baker after receiving an …

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Hudson’s Bay has new president

Get great content like this right in your inbox. Subscribe Hudson’s Bay Company has ended its global search for president of its namesake division. The department store retailer appointed Iain Nairn as president, Hudson’s Bay, effective January 12, 2020. He succeeds Alison Coville, who stepped down in February. Most recently, Nairn was CEO of kikki.K, …

Hudson’s Bay has new presidentRead More

Hudson’s Bay has new president

Get great content like this right in your inbox. Subscribe Hudson’s Bay Company has ended its global search for president of its namesake division. The department store retailer appointed Iain Nairn as president, Hudson’s Bay, effective January 12, 2020. He succeeds Alison Coville, who stepped down in February. Most recently, Nairn was CEO of kikki.K, …

Hudson’s Bay has new presidentRead More

Hudson’s Bay agrees to new offer to go private

Get great content like this right in your inbox. Subscribe The battle to take Hudson’s Bay, whose banners include Saks Fifth Avenue, is apparently over. The department store company has agreed to the new, higher bid by executive chairman Richard Baker and his partners to acquire the retailer for C$11 (or about $8.46 in U.S. …

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Sweetened bid may be in the offing for Hudson’s Bay

Get great content like this right in your inbox. Subscribe The battle to take Hudson’s Bay private drags on. Hudson’s Bay Co. chairman Richard Baker and his partners have reportedly approached the company’s minority shareholders about raising their offer to take the department store company private from C$10.30 a share to C$11 a share. In …

Sweetened bid may be in the offing for Hudson’s BayRead More

Sweetened bid may be in the offing for Hudson’s Bay

Get great content like this right in your inbox. Subscribe The battle to take Hudson’s Bay private drags on. Hudson’s Bay Co. chairman Richard Baker and his partners have reportedly approached the company’s minority shareholders about raising their offer to take the department store company private from C$10.30 a share to C$11 a share. In …

Sweetened bid may be in the offing for Hudson’s BayRead More

Battle for Hudson’s Bay Co. heats up

A new firm wants to take Hudson’s Bay Co. private. Private equity firm Catalyst Capital Group Inc. has offered to buy Hudson’s Bay Co for C$11-per-share (US$8.29 per share) in deal that values the department store giant at C$2.03 billion ($1.53 billion). The investment group currently owns 32.2 million shares of Hudson’s Bay, which represents …

Battle for Hudson’s Bay Co. heats upRead More

Battle for Hudson’s Bay Co. heats up

Get great content like this right in your inbox. Subscribe A new firm wants to take Hudson’s Bay Co. private. Private equity firm Catalyst Capital Group Inc. has offered to buy Hudson’s Bay Co for C$11-per-share (US$8.29 per share) in deal that values the department store giant at C$2.03 billion ($1.53 billion). The investment group …

Battle for Hudson’s Bay Co. heats upRead More

Hudson’s Bay’s deal to go private hits roadblock

Get great content like this right in your inbox. Subscribe A major shareholder is opposing the deal to take Saks’ parent Hudson’s Bay Co. private. In October, a group headed up by Richard Baker, executive chairman of the struggling department store company, agreed to pay C$10.30 ($7.84) a share in cash for shares outstanding. The …

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