German retailer Metro AG (MEOG.DE) will not compromise on price for a sale of its department store chain Kaufhof and other factors such as solid financing will also be important in the decision, Finance Chief Mark Frese was quoted as saying.
Hudson's Bay
Breaking News
- H5N1 Strain: Bird Flu Outbreak Blamed on Dairy Farms; USDA Confirms Cow-to-Cow Transmission
- Philippines Wants US, Japan to Fund Freight Railway Project After It Drops Funding Talks With China
- In the Era of Shrinkflation, Cinemark Sued for Allegedly Swindling Customers by Shortchanging Them on Beverages
Hudson's Bay Co. announced naming Marigay McKee to be the president of the US luxury retailer Saks Inc. after the acquisition deal was completed.
Richard Baker, CEO for Hudson's Bay, said that he is doubling his efforts for the Saks Inc bid.
Subscribe to VCpost newsletter
Most Popular
- American Millionaire Charged in Brutal Murders of Canadian Tycoon and His Partner in Dominica Denied Bail
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- Michigan Family Sues Wendy's for $20 Million After 11-Year-Old Girl Suffered Deadly E.Coli Infection
- Brazilian Woman Wheels Her Dead Uncle Into the Bank to Withdraw Loan in His Name
- Australian Farmer Prepares Grave of 3,000 Sheep After Failing to Find Buyer
- Sheetz Convenience Store Accused of Racial Discrimination After Denying Employment of Black, Mixed-Race, and Native American Applicants
