Tag: Gallery
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Insolvency maelstrom: billion missing again! The next Signa company will go bankrupt
The next sub-company of Benko's Signa-Construction is bankrupt: Signa Retail GmbH has over a billion euros in debt. Surprisingly, the company is still...
1,400 jobs affected – Galeria confirms: 16 houses will close by the end of August
The financially troubled department store group Galeria Karstadt Kaufhof will close 16 of its 92 branches on August 31 this year. Curator Stefan...
Now resolved: Signa subsidiary Galeria to new owners
The bankrupt department store chain Galeria Karstadt Kaufhof is going to a consortium led by investors Richard Baker and Bernd Beetz. Bankruptcy trustee...
Thanks to American investors, Galeria was finally able to free itself from the Benko curse
The bankrupt German department store chain Galeria Karstadt Kaufhof was still able to break away from the hustle and bustle of Signa. A...
Discussions are underway – Two interested parties for department store chain Galeria
On Monday, regular insolvency proceedings for the ailing department store chain Galeria Karstadt Kaufhof were opened at the Essen District Court. Discussions are...
