Deal Snapshot
SIGNA HOLDING TO TAKE CONTROL OF KARSTADT PREMIUM, SPORTS UNITS
Tuesday 29 October 2013

Austrian investor Rene Benko's Signa Holding announced it will acquire 75.1% stakes in both the Karstadt Premium Group and Karstadt Sports businesses based in Germany.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 29/10/2013
Target: Karstadt Sports, Karstadt Premium Group
Country: Germany
Sector: Wholesale/Retail, Leisure/Arts
Type: Corporate acquisition
Status: Agreed
Vendor: Berggruen Holdings, Nicolas Berggruen
Buyer: Rene Benko, Signa Holding
Comment:
The parties will inject USD401m into the targets.

Options