Retail & Distribution

Galeria in distress: Union calls for investment, not insolvency

By 2022-12-21T12:14:00

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For the second time in two years, majority investor René Benko – the young Austrian entrepreneur controlling the Signa Holding, which holds 100 percent of the shares in Galeria Kaufhof since June 2019 – has filed for protective insolvency proceedings for his Galeria Karstadt Kaufhof (GKK) department store chain. ...

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