No action is expected around the insolvency of Arcandor, parent...

2009-07-24T00:00:00

No action is expected around the insolvency of Arcandor, parent company of Karstadt, until the end of August. Meanwhile Horst Piepenburg, an external consultant who had been place in charge restructuring the bankrupt retailer, has resigned after only a few weeks in office. Reportedly, he was disappointed by a lack ...

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