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Sources: Signa to buy 50% of Hudson’s Bay’s European business

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Sources: Signa to buy 50% of Hudson’s Bay’s European business

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Austrian company Signa Holding has agreed to acquire half of Canada-based Hudson’s Bay Co.’s operations in Europe in a joint venture that would combine both companies’ German department store chains, The Wall Street Journal says. Signa, which owns Karstadt Warenhaus, would pay $1.3 billion to HBC, the parent of Galeria Kaufhof.

ABC Supply supports troops with Raised for Homes donation

ABC Supply Co. Inc. is proud to announce that its monthlong fundraising campaign, in partnership with AJ Foyt Racing at the 109th running of the Indianapolis 500 presented by Gainbridge, raised an impressive $4.7 million for Homes For Our Troops (HFOT). As part of its