The Toronto company said Thursday the purchase includes the HBC Stripes and company names, logos, designs, coat of arms and brand trademarks. Canadian Tire expects the deal to close later this summer.

On Thursday, Canadian Tire announced an agreement with the Bay to buy many of the company’s iconic brands and trademarks, including its names, logos, designs, coat of arms, and the HBC Stripes.

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That includes the HBC Stripes and various company names, logos, designs, coat of arms and brand trademarks. The agreement is still subject to court approval, and other terms and conditions, but the ...