Karstadt Improves Its Finances

2006-04-05T00:00:00

Karstadt-Quelle has orchestrated a major leaseback deal that will allow the German retail group to reduce its reported debt sharply. The real estate assets related to 12 of the company’s 24 Karstadt Sporthouses, to 85 of its remaining department stores and to a variety of other structures are being sold ...

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