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PE Hub News 11/27/2019 10:08
Catalyst Group Capital Inc , a Canadian private equity firm, is reportedly planning on surpassing a rival bid for Hudson's Bay at more than C$2 billion (US$1.5 billion), . Catalyst, which currently holds a 17.5 percent stake in Hudson's Bay, is offering C$11 per share in cash for the rest of the company. In October, Hudson's Bay agreed to be taken private by a group of shareholders led by Executive Chairman Richard Baker . As by PE HUB , the group offered C$30 per share in cash for the 43 percent of shares it did not own in Hudson's Bay. Also included in this investors group are Rhone Capital and WeWork Property Advisors .
PE Hub News 11/26/2019 14:10
Caliber Imaging & Diagnostics Inc , a provider of confocal microscopy for non-invasive cellular-level imaging of the skin, has secured a $5 million loan from Bridge Bank . The capital will be used for personnel hiring, working capital and general corporate purposes. In addition to the loan, Caliber I.D. also raised $1.5 million in a private placement with existing shareholders.

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