Bidding war for Saks Fifth Avenue owner takes off

By Sarah Parsons 29-Nov-2019

Canadian retail group Hudson's Bay Company has received a rival offer from minority shareholder Catalyst Capital

Saks Fifth Avenue revamped its beauty department in 2018

Canadian private equity firm Catalyst Capital Group has made a rival bid to buy Saks Fifth Avenue’s parent company, challenging an offer led by its chairman.

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Catalyst, which ...

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