Source Feed: The Globe and Mail
Author: Tara Deschamps
Publication Date: May 9, 2025 - 16:45
Hudson’s Bay garnered 17 bids in process to find new owner for retailer, assets, documents show
May 9, 2025
A new court filing shows a process meant to find a new owner for Hudson’s Bay and its assets has yielded 17 bids.A report filed Friday by Alvarez & Marsal, a court monitoring firm guiding Canada’s oldest company through creditor protection, does not name the bidders but says the offers were made after it reached out to 407 potential buyers.
Unpublished Newswire
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