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.
Signa Insolvency: Controlled by Austrian magnate Rene Benko, Signa group is an owner of New York s Chrysler Building as well as several high-profile projects and department stores across Germany, Austria and Switzerland.
Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's property crash.
Europe's Signa toppled in property rout devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.