The deadline to submit binding proposals for Hudson’s Bay’s assets has passed, inviting interest from British Columbia-based retail billionaire Weihong Liu, Toronto-based investment management firm Urbana Corporation, and retail giant Canadian Tire. As details trickle in about the competing offers, Nivrita Ganguly has more on what the future of the 355-year-old company might look like.
Canada
Who are the players in the bidding war for Hudson’s Bay assets?
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