Ontario Teachers Pension Plan Exits Hudson’s Bay Company

Posted on 01/07/2019


On January 4, 2019, Rupert of the Rhine, an entity controlled by Hudson’s Bay Company Chairman Richard A. Baker will buy the stake owned by a unit of Ontario Teachers’ Pension Plan (OTPP) in the Canadian retailer. Rupert of the Rhine is purchasing roughly 18 million shares at C$ 9.45 each. This values the deal […]