1. Activist Investor Calls Reported HBC Joint Venture Talks 'A Step in the Right Direction'

    Activist Investor Calls Reported HBC Joint Venture Talks 'A Step in the Right Direction'

    The activist investor who has been urging Hudson’s Bay Co. ( HBC.TO ) to explore ways to unlock the company’s value by selling its real estate says he is encouraged by reports the retailer is exploring a joint venture for its European business. According Reuters report, HBC is in talks with Austrian property and retail group Signa Holding GmbH about a joint venture for its German retail chain Kaufhof...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. We believe at the right price this reported transaction with Signa could be a step in a positive direction.
    2. We believe the deal in question could result in up to $10 per share to HBC shareholders when combined with the recently announced sales of the Lord & Taylor flagship store in Manhattan and the Hudson's Bay store in Vancouver.
  3. Topics Mentioned