By  on September 30, 2008

BERLIN — Troubled Arcandor AG, the parent company of the Karstadt department store chain, on Monday unveiled an emergency share sale in a move to avoid having to sell some of its assets.

The capital increase will allow the company to retain its 52 percent stake in British travel business Thomas Cook Group.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus