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Former Kaufhof owner reportedly taking over Galeria Karstadt Kaufhof

2024-04-09T07:06:00Z

According to German business publication Handelsblatt, US investor NRDC Equity Partners is to be granted the contract to operate the 92 locations of the German department store chain Galeria Karstadt Kaufhof. NRDC is the investment company of Canadian entrepreneur Richard Baker, who also owns a majority stake in the North ...