Hudson's Bay closes initial public stock offering

Mon Nov 26, 2012 9:31am EST
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TORONTO Nov 26 (Reuters) - Canadian department store operator Hudson's Bay Co said on Monday it had completed its C$365.1 million initial public offering.

HBC, which owns Lord & Taylor in the United States and Hudson's Bay in Canada, began trading last Tuesday on the Toronto Stock Exchange on a "when-issued" basis.