By  on May 25, 2009

BERLIN — Time is running out for Arcandor, the parent company of troubled German department store Karstadt, after the German government delayed a decision on state aid.

Government officials here said Monday they want more details about a possible merger between the department stores chain and rival retailer Metro, and that a decision on whether to grant Arcandor state aid, which had been expected this week, now looks unlikely.

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