Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Moody’s fears HBC is stretching debt too far with Saks deal Add to ...

Subscribers Only

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

Moody’s is comfortable with Hudson’s Bay Co.’s planned acquisition of Saks Inc. from a business standpoint. But corporate debt is Moody’s main concern – and from that perspective, the deal makes the credit-rating giant a little uneasy.

Report Typo/Error

Follow on Twitter: @ParkinsonGlobe

Next story




Most popular videos »

More from The Globe and Mail

Most popular