Canadian retailer Hudson’s Bay to be taken private: Reuters

Canadian retailer Hudson’s Bay has agreed to be taken private by a group of shareholders led by Executive Chairman Richard Baker, reported Reuters. The group offered C$10.30 per share in cash for the 43 percent of shares it does not own in Hudson’s Bay. According to a previous PE HUB report on this transaction, the investors group also includes Rhône Capital and WeWork Property Advisors.