Corporate and M&A

Private foundation to make an offer to acquire Karstadt Sports

2020-06-03T10:24:00

According to SAZ, the German trade publication, a private foundation called the Loitz Family has made an offer to acquire Karstadt Sports. Based in Essen, the Loitz Family aims to take charge of Karstadt Sports’ existing 32 stores in Germany, its headquarters in Essen and its 1,500 employees. It is ...

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