February 7, 2018 / 7:04 PM / 4 months ago

BRIEF-Hbc Provides Update On Unsolicited Offer For German Business

Feb 7 (Reuters) - Hudson’s Bay Co:

* HBC PROVIDES UPDATE ON UNSOLICITED OFFER FOR ITS GERMAN BUSINESS

* HUDSON’S BAY- AFTER REVIEW,CONSIDERATION CO’S BOARD UNANIMOUSLY REJECTED UNSOLICITED PROPOSAL TO BUY CO’S GERMAN BUSINESS, RELATED REAL ESTATE ASSETS

* HUDSON’S BAY CO - ‍ADDITIONALLY, SIGNA HOLDING GMBH HAS WITHDRAWN ITS OFFER, THUS CONCLUDING DISCUSSIONS​

* HUDSON’S BAY SAYS SIGNA’S PROPOSAL “SIGNIFICANTLY UNDERVALUES” CO’S GERMAN BUSINESS AND RELATED REAL ESTATE ASSETS Source text for Eikon: Further company coverage:

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