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HBC shares surge on Galeria Kaufhof bid confirmation

2017-11-02 12:05:00| Daily apparel & textile news and comment - from just-style.com

Shares in Hudson's Bay Company (HBC) surged by more than 9% this morning after the Canadian retailer confirmed it has received a bid for its Galeria Kaufhof business from the owner of its principal German competitor - retail estate business Signa Holding.

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