Adler Group on Thursday entered a non-binding agreement with bondholders to restructure its debt as the embattled German landlord struggles to sell property to cover its liquidity needs amid a.
Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at the investment bank. .
Thailand s Central Group Buys KaDeWe Property, Say Industry Sources 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.
DUESSELDORF (Reuters) -Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group. Central said in a statement on Friday that it was optimistic about talks to acquire the entire KaDeWe Group, which includes Alsterhaus in Hamburg, and Oberpollinger in Munich. "The acquisition of the KaDeWe building is the first important milestone for us in the attempt to restore and re
Germany s Galeria
Karstadt Kaufhof is to be taken over by a consortium of U.S.
investor Richard Baker and German businessman Bernd Beetz, the
retailer said on Wednesday. The announcement.