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Germany's Galeria Karstadt department stores file for bankruptcy

German department store chain Galeria Karstadt Kaufhof (GKK) has filed for insolvency at the Essen District Court, the company announced on Tuesday. Galeria is therefore looking for a new owner. Talks with potential investors have already begun and the aim is to continue Galeria's operations. Galeria chief executive Olivier van den Bossche said: "Galeria's operational success is burdened by the framework conditions of the old ownership structure. We expressly see today as a liberating blow." The ....

Galeria Karstadt Kaufhof , German Department , Essen District Court , Signa Group , Signa Retail Selection , Department Store , Essen District Court , Galeria Kaufhof , Company Spokesperson , Limbecker Platz ,

Germany's Galeria could be next insolvency in Signa empire

German department store giant Galeria could file for insolvency again as early as this week, two people familiar with the matter said on Monday, joining the list of companies affected by the collapse of Signa founder Rene Benko's real estate empire. The insolvency application could come as soon as Tuesday or Wednesday, according to one source. A spokesperson for Galeria, which has already survived two insolvency proceedings, declined to comment. ....

Matthias Inverardi , Jan Harvey , Rene Benko , Miranda Murray , German Department , Signa Holding , Signa Holdings , Signa Retail Selection , Retail Selection , Department Store ,

Germany's Galeria could be next insolvency in Signa empire - sources

German department store
giant Galeria could file for insolvency again as early as this
week, two people familiar with the matter said on Monday,
joining the list of companies affected by the collapse.
-January 08, 2024 at 07:55 am EST
- MarketScreener ....

Matthias Inverardi , Jan Harvey , Miranda Murray , Rene Benko , Signa Holdings , German Department , Signa Holding , Signa Retail Selection , Retail Selection ,

Germany's Galeria Could Be Next Insolvency in Signa Empire

Germany's Galeria Could Be Next Insolvency in Signa Empire
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Miranda Murray , Jan Harvey , Matthias Inverardi , Rene Benko , Galeria Karstadt Kaufhof , Signa Holdings , Signa Holding , German Department , Germany November , Signa Retail Selection , Retail Selection ,

How will Signa's insolvency affect Germany? - The Street Journal

How will Signa's insolvency affect Germany? - The Street Journal
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Bernd Wei , Julius Baer , Hendrik Schr , Marcus Brandt , Sven Carstensen , Dieter Hein , Rene Benko , Corinna Gross , Signa Holding , Signa Holding Gmb , University Of Duisburg , Galeria Karstadt Kaufhof Department , German Retail Association , Galeria Karstadt Kaufhof , Signa Holding Gmbh , Signa Retail Selection , Signal Retail Selection ,