Signa Holding, the Austrian-base real estate company that controls Karstadt and Karstadt Sports, has some new shareholders. Textilwirtschaft mentions the Falcon Private Bank of Abu Dhabi with a stake of 24.9 percent and Ernst Tanner, chief executive of Lindt & Sprüngli, with 10 percent of the shares. They take the place of a Greek entrepreneur, George Economou, who has decided to concentrate on his investments in shipping and drilling. The family of René Benko, founder of Signa, is still in control with a stake of 65.1 percent.

Topics