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ROUNDUP: Consortium around former Kaufhof owner wants to take over Galeria ESSEN - A consortium consisting of the US investment company NRDC Equity Partners and the entrepreneur Bernd Beetz...
Richard Baker's investment firm to buy Germany's Galeria department stores.
Richard Baker's NRDC Equity Partners Bids for Germany's Galeria
The investment firm of US businessman Richard Baker is among the two remaining bidders for Germany's most prominent department store chain Galeria Karstadt Kaufhof, business outlet...
Executives from struggling German department store chain Galeria Karstadt Kaufhof (GKK) are reportedly in talks with US cosmetics group Coty and other investors about a possible takeover of the chain's stores. The talks were reported by several media outlets, but the provisional insolvency administrator overseeing Galeria Karstadt Kaufhof's bankruptcy proceedings declined to comment on details. "There are more than two interested parties. We cannot say any more about this at the moment," Stefan