Tag: Signa development
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Out of control: ailing Signa gives up shares in luxury retail chain
Troubled Signa Group has apparently cut its stake in British luxury department store chain Selfridges. It was not until 2022 that 50 percent...
Creditors warned – Foreign money loss at subsidiary Signa
The bondholders are worried because the cash resources of subsidiary Signa Development have fallen drastically within a few months. As a result, many...
Power struggle with consequences – Rating agency punishes Signa: Now “very risky”
The power struggle over real estate juggler René Benko's Signa Group, which is in ruins, is now having a huge impact on its creditworthiness....
Before bankruptcy – 300 million euros for Benko shareholders
While 1,300 Kika/Leiner employees are on the street after René Benko's real estate deal, the Tyrolean spoils his Signa shareholders with dividends. The...
Benko turbulence – Alfred Gusenbauer: The servant of two masters
Former Chancellor Alfred Gusenbauer holds important positions in both René Benko's Signa corporate network and Hans Peter Haselsteiner's Strabag.There was a time when Alfred...
