• Home
  • Tags
  • Karstadt

Karstadt news and archive

Member
Business

HBC Europe and Signa’s Karstadt Warenhaus complete merger

HBC has announced that the merger of retail operations of HBC Europe and Signa’s Karstadt Warenhaus GmbH and the formation of the companies’ real estate joint venture is now complete. Commenting on the development, Richard Baker, HBC's Governor and Executive Chairman, said in a statement: “This transaction generates substantial proceeds for HBC....

loading...

Member
Business

Germany’s two largest department stores get go-ahead for merger

The merger of the two largest department stores in Germany, Kaufhof and Karstadt, has been approved by The Federal Cartel Office, Germany's national competition regulator, after the office decided that there were no competition concerns in light of the growing importance of online commerce for consumers. ”We examined the project intensively....

loading...

FeaturedMember
Business

HBC merges its European business with Signa’s Karstadt

Hudson’s Bay Company (HBC) has entered into definitive agreements with Signa Retail Holdings, to form a strategic partnership for its European retail and real estate assets. The development would see HBC Europe's retail operations merge with Signa's Karstadt Warenhaus GmbH, with HBC taking a 49.99 percent interest in the combined businesses....

loading...