Hudson's Bay Co. HBAYF

Consumer Cyclical

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.

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Hudson's Bay Co. > HBC Store

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Comment by biggreekon May 25, 2018 3:08pm

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Post# 28082180

RE:RE:RE:HBC Store

you might be a little high with the $3 per share, sale price was $675 million of which 20 per cent would bo to Riocan and the jv had remortaged the property in October and had taken out $200 million in a 4 year mortage, that money may have been spent so that leaves about $380 million fresh money about $2 a share, still a nice sum of money

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