KM Financial Solutions | UPDATE 2-Hudson’s Bay reaches agreement with activist investor Litt on Rhone investment
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UPDATE 2-Hudson’s Bay reaches agreement with activist investor Litt on Rhone investment

UPDATE 2-Hudson’s Bay reaches agreement with activist investor Litt on Rhone investment

Dec 1 (Reuters) – Canadian retailer Hudson’s Bay Co
(HBC) said on Friday it reached an agreement with shareholder
Land & Buildings, under which the activist investor would
withdraw its appeal against the conditional approval given for
an investment by Rhone Capital.

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