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Hudson's Bay gets $500 mln investment, selling Lord & Taylor 5th Ave building

Oct 24 (Reuters) - Hudson's Bay Co said on Tuesday WeWork Cos and Rhone Capital would make an equity investment of $500 million in the Canadian retailer's business.

Hudson's Bay will also sell its Lord & Taylor Fifth Avenue building to WeWork for $850 million. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Bernard Orr)