Catalyst Capital Group Inc. wants to take over Hudson’s Bay Co. in a Nov. 27, 2019 story. (Photo by THE CANADIAN PRESS)

Catalyst makes rival takeover offer for Hudson’s Bay Co.

TORONTO — Catalyst Capital Group Inc. is making a rival takeover offer for Hudson’s Bay Co.

The investment firm is offering $11 per share in cash, topping an offer of $10.30 made by a group of investors led by HBC executive chairman Richard Baker.

More coming.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Red Deer RCMP looking for missing 15-year-old teen

Red Deer RCMP are asking for the public’s assistance to locate a… Continue reading

Stettler RCMP seek third suspect in residential break-in

Stettler RCMP took two women into custody following an early morning break… Continue reading

Harvey Weinstein found guilty in landmark #MeToo moment

NEW YORK — Harvey Weinstein was convicted Monday of rape and sexual… Continue reading

Drugs seized from Innisfail home

Innisfail RCMP conduct search warrant

Your community calendar

Feb. 19 A Liberation of Holland event is being held at the… Continue reading

Raptors Uprising GC offer second chance to gamer suspended for 2019 season

TORONTO — Raptors Uprising GC, the gaming arm of the Raptors, has… Continue reading

Manitoba’s Kerri Einarson wins Canadian women’s curling championship

MOOSE JAW, Sask. — A dream team of former skips came together… Continue reading

Weinstein jury back to work with signs of split over charges

NEW YORK — Jurors at Harvey Weinstein’s New York City rape trial… Continue reading

Jane Goodall’s ‘The Book of Hope’ coming out in 2021

NEW YORK — Jane Goodall’s next book will be a tribute to… Continue reading

Sylvan Lake Wranglers comeback to nab OT win in Game 2 over Red Deer Vipers

The Sylvan Lake Wranglers have a knack for the dramatics early in… Continue reading

Wranglers win wild Game 1 double OT thriller over Red Deer Vipers

The best-of-seven series continues Sunday in Sylvan Lake

Kings and Queens basketball triumph over Ambrose, keep playoff hopes alive

Guard Sandra Garica-Bernal sets new Queens all-time steals mark

Most Read