KM Financial Solutions | CORRECTED-UPDATE 3-Saks Fifth Avenue owner Hudson’s Bay in $1.5 bln deal to go private
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CORRECTED-UPDATE 3-Saks Fifth Avenue owner Hudson’s Bay in $1.5 bln deal to go private

CORRECTED-UPDATE 3-Saks Fifth Avenue owner Hudson’s Bay in $1.5 bln deal to go private

Saks Fifth Avenue owner Hudson’s Bay Co
said on Monday it agreed to a sweetened C$1.9 billion
($1.5 billion) offer from a shareholder group led by executive
chairman Richard Baker to take the struggling Canadian
department store operator private.

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