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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Arcandor AG (GM) | USOTC:ACAGF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.002 | 0.002 | 0.002 | 0.00 | 00:00:00 |
German retailer Metro AG (MEO.XE) plans to analyze a proposed new ownership structure for rival German retailer Karstadt, but isn't under any time pressure to launch a merger between Karstadt and its own Kaufhof unit, a Metro spokesman said Monday.
Metro has long talked about acquiring some of Karstadt's stores and merging them with Kaufhof to create a giant German department store conglomerate.
Earlier Monday, Karstadt's insolvency administrator said investment fund Berggruen Holdings had won a bidding process to acquire Karstadt.
-By William Launder; Dow Jones Newswires; +49 69 29 725 515; william.launder@dowjones.com
1 Year Arcandor (GM) Chart |
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