Page 307 - அலிபாபா குழு வைத்திருத்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hudson’s Bay to turn Saks.com into standalone business after deal to sell stake for $500-million Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Hudson’s Bay Co. ULC is selling a stake in Saks.com and making it a separate company, paving the way for a possible public offering for the e-commerce business. New York-based venture-capital company Insight Partners has agreed to pay US$500-million for a minority stake in the new company, Saks.com LLC, while HBC will hold a majority stake.

New yorkUnited statesBritish columbiaYork factoryHudson bayRichard bakerSebastian gunninghamDeven parekhLarry bruceMarc metrickAlibaba group holding ltdNeiman marcusHudson bay coInsight partnersFifth avenueSaks off fifth