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Blackwells Withdraws Offer to Purchase Braemar Hotels

Blackwells Withdraws Offer to Purchase Braemar Hotels
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Signa company failed due to illicit financial transactions, creditors allege

Claim contradicts earlier findings that company, which part owns Brown Thomas and Arnotts, founded on rising interest rates and their impact on property valuation models

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Tycoon Haselsteiner Pledges €25 Million for Signa Development

Tycoon Haselsteiner Pledges €25 Million for Signa Development
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Signa Development Starts Insolvency Plan of Steady Asset Sales

Signa Development Starts Insolvency Plan of Steady Asset Sales
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Signa Prime Selection can fund operations, administrator says, ET RealEstate

Signa is the biggest casualty to date of Europe s property crisis. Its holding group at the centre of a complex constellation of around 1,000 companies filed for insolvency in November.

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