Friday, 21 June 2019

With real estate portfolio on the line, Canadian pension plan throws a wrench in Hudson’s Bay privatization plan

As Saks Fifth Avenue and Lord & Taylor parent company Hudson’s Bay mulls what to do with its retail real estate portfolio, a Canadian pension plan threw a wrench in the company chair’s plan to take the retailer private. Ontario Teachers’ Pension Plan sold all of its 18 million shares in Hudson’s Bay Company to multiple unnamed investors, Bloomberg reported. The sale comes just days after the pension spurned attempts by Hudson’s Bay Chairman Richard […]



source https://therealdeal.com/national/2019/06/21/with-real-estate-portfolio-on-the-line-canadian-pension-plan-throws-a-wrench-in-hudsons-bay-privatization-plan/#new_tab

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