The sale of Germany's insolvent department-store chain Karstadt to billionaire investor Nicolas Berggruen was finally approved last Friday, after several months of protracted wrangling over lower rents and debt restructuring.
The sale of Germany's insolvent department-store chain Karstadt to billionaire investor Nicolas Berggruen was finally approved last Friday, after several months of protracted wrangling over lower rents and debt restructuring.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.