Hudson’s Bay buys Kaufhof

2015-06-19T00:00:00

One more big change is taking place in the beleaguered department store landscape in Germany, which has been traditionally strong in the sporting goods sector. A Canadian-based group, Hudson's Bay Co., (HBC) has agreed to acquire Galeria Kaufhof from the Metro AG group for €2.82 billion including debt, outbidding the ...

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