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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.


OTCPK:HBAYF - Post by User

Hudson's Bay Co. > Catalyst says : Pay more, not too much more...
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Comment by oceanelevenon Jul 23, 2019 2:22pm
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Post# 29951823

RE:RE:Catalyst says : Pay more, not too much more...

RE:RE:Catalyst says : Pay more, not too much more...I don't think it will be a real long road to get a reasonable offer... but the so called 9.45 per share to take company private by the few shareholders is all based on the sale of the European real estate and retail joint venture which is expected to CLOSE in the fall....we need more backers like Litt and Catalyst to prevent this from happening...many already know that retail is seeing many significant changes in how people shop . It will either evolve or continue to die....the real estate assets is where the money is to be made..prime locations...Condo developement/hotels etc.....so whether this offer of 9.45 falls apart or better offer(s) come, Catalyst offer and plan makes me very happy!!!
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