Bidding war for Saks Fifth Avenue owner takes off

By Sarah Parsons | Published: 28-Nov-2019
Finance

Canadian retail group Hudson's Bay Company has received a rival offer from minority shareholder Catalyst Capital

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Canadian private equity firm Catalyst Capital Group has made a rival bid to buy Saks Fifth Avenue’s parent company, challenging an offer led by its chairman.

Catalyst, which

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  • Hudsons Bay Company
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Hudson’s Bay to close all 15 stores in the Netherlands

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The Canadian company’s Netherlands headquarters will also close along with its website by the end of the year

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