April 17, 2025, 7:20 am
Hudson’s Bay Co. is planning a dedicated auction to sell its most significant historical assets, including its royal charter, as part of its restructuring process under court protection from creditors. The company intends to separate this auction from its broader sale and investment initiatives, aiming to unlock the hidden value of its heritage and historic artifacts. This strategic move comes as industry observers monitor potential impacts on asset valuation and restructuring outcomes.
Bluesky: @janisthiessen.bsky.social, @winnipegfreepress.com
Auction meant to ensure some of HBC's most valuable and historical assets get the 'care, consideration and expertise required'
Hudson’s Bay Co. wants to hold a dedicated art auction for the sale of its most historically significant art and artifacts including its royal charter as part of its restructuring under court protection from creditors. The retailer says, subject to court approval, it wants to hold the auction...
TORONTO — Hudson’s Bay Co. wants to hold a dedicated art auction for the sale of its most historically significant art and artifacts including its royal charter as part of its restructuring under court protection from creditors. The retailer says, subject to court approval, it wants to hold the...
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