Hudson's Bay looks to liquidation as additional financing not secured

Canadian department store retailer Hudson's Bay Company said on Friday it has failed to secure sufficient financing to go ahead with a restructuring transaction under the Companies’ Creditors Arrangement Act. 

Mar 17, 2025 - 00:31
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Hudson's Bay looks to liquidation as additional financing not secured
Canadian department store retailer Hudson's Bay Company said on Friday it has failed to secure sufficient financing to go ahead with a restructuring transaction under the Companies’ Creditors Arrangement Act.