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Deals Rumor Mill: Macy's, HK Life Insurance, Deutsche Bank

By Benjamin Horney (March 3, 2017, 12:02 PM EST) -- Canada's Hudson's Bay Co. is facing challenges in getting equity financing for a bid to takeover Macy's Inc., Reuters reported on Friday. According to the report, Macy's has skepticism that the company can put together the proper financing for an acquisition, and the two sides are not currently in negotiations. While Hudson's Bay still hopes to ultimately make an offer, it may choose to seek other options, the report said. Rumors of interest in Macy's Hudson's Bay, which owns and operates department store chains Saks Fifth Avenue and Lord & Taylor, sprouted earlier this month. Macy's has a market value of more than $10 billion....

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