The Financial Post reports in its Friday edition that Hudson's Bay Co. has received several bids for its 355-year-old business, leases and assets as part of its restructuring process, but none came from members related to the company, according to court documents. The Post's Naimul Karim writes that HBC has been looking to raise money by monetizing its leases and selling its intellectual property (IP) in order to pay back about $1-billion to creditors. The deadline to bid for the company and its IP ended April 30, and bids for leases had to be made by May 1. HBC has not revealed who the bidders are, but the court document released on Wednesday said there were "several qualified" bidders for the leases, but none from "insiders." Similarly, the sales and investment solicitation process (SISP), through which HBC's IP, such as its brand name, can be sold, also received numerous bids, but none from a "related person." The company has been liquidating its 96 stores and auctioning 1,700 pieces of art and more than 2,700 artifacts. Media reports also suggested Canadian Tire and a Vancouver-based billionaire are potential bidders.