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Hudson’s Bay Shareholders Offer $1.31 Billion in Deal to Take Company Private

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

A group of Hudson’s Bay Co. shareholders, including executive chairman Richard A. Baker, on Monday offered to take the company private in an all-cash deal. The offer is from Baker and affiliated investors, including Rhône Capital LLC, WeWork Property Advisors, Hanover Investments (Luxembourg) S.A. and Abrams Capital Management L.P. Collectively, they own 57 percent of…

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