Quelle, Arcandor’s bankrupt mail-order retailer, has been granted a governmental...

2009-07-02T00:00:00

Quelle, Arcandor’s bankrupt mail-order retailer, has been granted a governmental loan worth some €50 million. Around €20 million will come from the Free State of Bavaria, the rest from the federal government as well as the one of Saxony, another region in which Quelle has employees. The European Commission approved ...

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