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Hudson's Bay Co. HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Post by frankstevens17on Sep 23, 2017 7:52am
110 Views
Post# 26733892

Thoughts on HBC going private.

Thoughts on HBC going private.Much as I would like HBC to go private at a considerably higher price than the stock currently trades, I can't conceive who would finance the deal. Recently Toys R Us declared bankruptcy after going private several years ago so that coupled with HBC attempting to raise financing to go private doesn't look positive. Without confirmation I suspect this is just another unsubstantiated rumour created by some analyst at CNBC looking to for her 15 minutes in the limelight.
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