1. Catalyst Capital Tops Chairman-Led Group's Offer for Hudson's Bay

    Catalyst Capital Tops Chairman-Led Group's Offer for Hudson's Bay

    (Reuters) - Private equity firm Catalyst Capital Group Inc on Wednesday made a competing offer for Hudson's Bay Co that challenges the Canadian retailer's deal with a consortium led by its executive chairman, Richard Baker. Catalyst, which owns 17.5% of Hudson's Bay, has bid C$11 per share, topping Baker's C$10.30 per share offer in October and valuing the company at C$2.03 billion ($1.53 billion)...

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