There are at least four potential bidders that have indicated their interest in acquiring part of the Hudson’s Bay Co. or its assets. The exterior of a Hudson’s Bay store in Hamilton, Ont., is pictured on March 20.Katherine KY Cheng/Getty Images
Multiple parties have expressed interest in the sale process for Hudson’s Bay Co., according to two sources with knowledge of the process, whom The Globe and Mail is not naming because they were speaking about confidential matters.
There are at least four potential bidders that have indicated their interest in acquiring part of the business or its assets, one of the sources said.
Canada’s oldest retailer, faltering under mounting losses and $1.1-billion in debt, was…
