Karstadt’s owner still has a chance to buy Kaufhof

2011-12-21T00:00:00

Eckard Cordes, the departing chief executive of the Metro Group, told a German newspaper, Frankfurter Allgemeine Zeitung, that the race for the acquisition of Kaufhof is still open. There are bids on the table from Nicolas Berggruen, the owner of Karstadt, the other major department store chain in Germany, and ...

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