Convicted Real Estate Speculator Rene Benko to Take Over German Retailer

Read also: ‘Homeless Billionaire’ Nicolas Berggruen Finally Lets Go Of Failing Karstadt Department Store The German department store chain Karstadt is going to be sold to real estate shark Rene Benko,  More...

‘Homeless Billionaire’ Nicolas Berggruen Finally Lets Go of failing Karstadt Department Store

After the change of ownership at Karstadt, the leadership of the ailing department store chain is losing no more time going into the renovation phase, the German website Financial.de reported. “There More...

Nicolas Berggruen Restructures His Karstadt Holdings Again – $400 Million More To Be Injected With René Benko

– Nicolas Berggruen / Getty / By Clive Minchom / The hyper-restless, globe-trotting, German businessman Nicolas Berggruen, who rescued the leading German department store group Karstadt from insolvency More...