Hudson’s Bay investors want debt reduction, payouts from real estate proceeds
13 Nov Hudson’s Bay investors want debt reduction, payouts from real estate proceeds
Posted at 18:42h
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by KMFSLLP
TORONTO, Nov 14 (Reuters) – As Hudson’s Bay Co
steps up the pace of extracting value from its $5 billion
property portfolio, the department store chain’s shareholders
want it to reduce debt, return cash to them and not invest the
proceeds in traditional retail operations.
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