Day: October 22, 2019

Sweetened bid for HBC

Board approves $1.9B deal to take Hudson’s Bay private The Hudson’s Bay Co. board agreed Monday to a sweetened privatization offer that values the retailer at about $1.9 billion, but the deal will require support from minority shareholders if it is to be accepted. The board said a group of shareholders led by HBC executive […]

Crude-by-rail shipments fall

Energy regulator says crude-by-rail shipments fell to 310,000 bpd The Canada Energy Regulator says exports of crude oil by rail from Canada fell slightly in August to 310,000 barrels per day from 313,000 bpd in July. The August number is up 35 per cent from 230,000 bpd reported in August of 2018 but still well […]

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