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US: Hudson's Bay acquires Saks in US$2.9bn deal

2013-07-29 17:02:00| Daily apparel & textile news and comment - from just-style.com

Canadian department store retailer Hudson's Bay Company is to acquire luxury US retailer Saks in a deal worth US$2.9bn in a move that creates a leading North American retailer operating across the luxury, mid-tier and outlet sectors.

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Category:Consumer Goods and Services

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