Bid by Karstadt’s owner to bag rival Kaufhof

2017-11-21T00:00:00

Hudson's Bay Company (HBC), the owner of Galeria Kaufhof department stores in Germany, has reacted with circumspection to a bid reportedly worth about €3 billion from Signa. The Austrian group already owns Karstadt, the leading competitor for Kaufhof, and both department store groups are significant players in the German sports ...

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