Kaufhof sold to Hudson’s Bay

German retail and distribution giant, Metro, says it has agreed to sell its Kaufhof to Canadian group, Hudson’s Bay, for 2.825 billion euros ($A4.10 billion). “Today, Metro signed an agreement with Hudson’s Bay Company to sell Galeria Kaufhof, which includes the operational department store business both in Germany (Galeria Kaufhof), and Belgium (Galeria Inno), as well as the corresponding real estate portfolio,” the German company said in a statement on Monday. “Th

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