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(Bloomberg) -- Signa Development Selection AG, the smaller of two main units in Rene Benko’s insolvent property group, is offering to pay back its creditors 30% of their money within two years. Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflation Tops Forecasts Again, R

Despite a criminal conviction, René Benko tapped into family dynasties and sovereign-wealth funds to raise billions for Signa; a stake in the Chrysler Building

The highly anticipated Lamarr Kaufhaus project on Mariahilfer Straße in Vienna, set to include a flagship department store and hotel, has filed for bankruptcy.…

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Musk wants Tesla investors to vote on switching the carmaker's corporate registration to Texas