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Hudson's Bay seeks court approval to sell 25 leases to Liu for $69M, facing landlord opposition.
Hudson's Bay is seeking court approval to transfer 25 of its mall leases to billionaire Ruby Liu for $69 million, amid landlord opposition.
The deal aims to help Hudson's Bay repay creditors and keep stores open.
Meanwhile, up to 53,000 Canada Post workers are voting on a final contract offer, with experts predicting a likely rejection.
This could lead to further strikes and financial losses for the Crown corporation.
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Hudson's Bay busca la aprobación de la corte para vender 25 contratos de arrendamiento a Liu por $69 millones, enfrentando la oposición del propietario.