Issue 2011 April 12th

This issue was created on 2011-04-12 11:15:00

  • Path unclear as German department store tie-up deniedApril 12, 2011
A deal to merge Germany’s two largest department store chains has been denied, despite speculation that the two could come together under one parent company. However, the previously ailing Karstadt could target an acquisition according to its owner, as the retailer attempts to reassert its position as one of the country’s key retail players.
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