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The deal is haild as a milestone 'in the attempt to restore and restructure the KaDeWe Group operating company toward a sustainable, financially viable business.' ....
The insolvency of the Signa Group, an Austrian company active in various sectors, including the real estate market, has far-reaching implications. Read more… ....
Signa Holdings, which has stakes in the Chrysler Building and Selfridge's, has filed for insolvency putting the fortune of founder Rene Benko in the balance. ....