Q3 Revenues Up as PE-Backed HBC Prepares for IPO
Canadian retailer, Hudson's Bay Co. (HBC) reported 3.8% growth in revenues in Q3 2012 in a revised prospectus that anticipates its planned IPO. Privatized in 2006, HBC was acquired by NRDC Equity Partners in 2008, and has since seen a number of its divisions sold off, including Zellers Inc., which was acquired by Target Corp. last year.
5 November 2012•2 mins read
