The 1670 royal charter signed by King Charles II establishing Hudson's Bay on display at the Manitoba Museum in 2020.

The auction process for the 1670 Hudson’s Bay charter has officially concluded, with the uncontested selection of an $18-million bid from two of Canada’s most prominent families to keep the historic document in the country and publicly accessible.

The news confirms previous reporting by The Globe and Mail, which revealed this week that the Thomson and Weston families’ joint bid was set to prevail, after no other qualified bidders had come forward with a higher offer by last Friday’s deadline.

The company will now seek court approval to sell the charter to DKRT Family Corp., the personal family holding company of Canadian businessman David Thomson, and the billionaire W

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