Among other things, this procedure enables rental contracts to be terminated more quickly. Benko is said to have announced that the company will continue to exist and that it is prepared to make additional capital available. Maybe this comes from the current deal.
Series of acquisitions
Last had Benko regularly made headlines with spectacular acquisitions – from the Austrian furniture store chain Kika Leiner to the Swiss department store chain Globus. He reached his goal at Kaufhof-Karstadt in September 2018, when the merger of the two ailing department store chains became known.
According to those of Bloomberg Connoisseurs cited, Signa pursues a strategy at Kaufhof-Karstadt with a focus on seven particularly good German city center locations. Above all, it’s about Berlin Munich or Dusseldorf. Otherwise assets would be reduced.
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