Hudson's Bay Company to be taken private in $1.9-billion valuation
![](https://images.dailyhive.com/20171029093410/vancouver-hudsons-bay-hbc.jpg)
The Hudson's Bay Company (HBC) is set to reverse its course, as its board agreed Monday to take the company private in a deal valued at $1.9 billion.
It needs significant funding to "remain relevant to its customers and successfully compete."
Top headlines: Hudson's Bay owner raises $340 million from real estate transactions
![](https://images.dailyhive.com/20200915174226/oakridge-centre-september-6-2020-construction-f1.jpg)
Hudson's Bay store at Oakridge Centre closing this month for mall's redevelopment
![](https://labusinessjournal.com/wp-content/uploads/2023/10/PG10_DDMLEDE_1stCentury_1016-copy-768x1024.jpg)
1st Century Hires Former First Republic Bankers - Los Angeles Business Journal
![](https://thedeepdive.ca/wp-content/uploads/2020/10/Hudsons-Bay-Company-total-market-cap-2012-2020-1024x633.png)
HBC Telegraphs A Shift Into The Commercial Property Business By Stiffing Its Landlords
![](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i5yU4nGThGKA/v0/1200x800.jpg)
Hudson's Bay Agrees to Go Private at $1.45 Billion Valuation - Bloomberg
Top headlines: Hudson's Bay owner raises $340 million from real estate transactions
![](https://upload.wikimedia.org/wikipedia/en/c/c9/Hudson%27s_Bay_Oil_and_Gas_Company_Logo.png)
Hudson's Bay Oil and Gas Company - Wikipedia
![](https://i.dailymail.co.uk/1s/2023/11/21/22/78084411-0-image-a-42_1700604514226.jpg)
Biden's rich friends with VERY nice houses: As Joe hunkers down in billionaire's Nantucket compound - Daily Mail breaks down the huge homes worth a total of $75 MILLION he has used
Top headlines: Hudson's Bay owner raises $340 million from real estate transactions
![](https://thedeepdive.ca/wp-content/uploads/2020/10/Hudsons-Bay-Gatineau-1024x671.png)
HBC Telegraphs A Shift Into The Commercial Property Business By Stiffing Its Landlords
![](https://media.perenews.com/uploads/2023/01/Digital_248_3_After_hires.jpg)
BKM Capital Partners: Small-bay industrial's big moment
![](https://thedeepdive.ca/wp-content/uploads/2020/10/NetPensionBenefitLiabilitybyyear-1024x632.png)
HBC Telegraphs A Shift Into The Commercial Property Business By Stiffing Its Landlords
![](https://imageio.forbes.com/specials-images/imageserve/65a1b495b87048daa4a1f1ee/0x0.jpg?format=jpg&crop=1920,1080,x0,y0,safe&height=900&width=1600&fit=bounds)
The Car Dealership Billionaire No One Knows
![](https://acropolis-wp-content-uploads.s3.us-west-1.amazonaws.com/gilbane-building-company-construction.webp)
31 Top Commercial Construction Companies To Watch in 2024