KarstadtQuelle Sells Stake in Venture
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Troubled German retailer KarstadtQuelle AG said Monday it is selling its 82 percent stake in a three-year-old joint venture with coffeehouse chain Starbucks Coffee International to the US company.
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KarstadtQuelle AG, Europe s largest department-store operator, plans to raise 1.6 billion euros ($2 billion) by selling shares and divesting assets, including 77 department stores, in an effort to return to ...
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Syngenta announced today that it is selling its 75 per cent stake in the Swiss chemical company SF-Chem to the Zurich-based private equity firm Capvis.
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Roechling Industrie Verwaltung GmbH said Monday it has sold its majority stake in German defense and industrial group Rheinmetall AG for an undisclosed sum.
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The unit was sold for $10.3 billion to a group of private equity firms that will take an equal stake in the company.
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Business & money: Murdoch group acquires 14.6% stake in Premiere, five years after losing Â£1bn on the German pay-TV operator
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The coffee purveyor snaps up a 100% stake in its German operation.
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Roechling Industrie Verwaltung, the holding company of the Roechling family, said that it had decided to sell its stake in the German automotive and defence technology specialist Rheinmetall.
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Vivendi Universal SA, owner of the world&#39;s largest music company, said it will sell a 15 percent stake in Veolia Environnement SA to cut debt and focus on its media business.
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Henkel KGaA (HNKG_p.DE: Quote, Profile, Research) has agreed to sell back a 29-percent stake in US cleaning products maker Clorox Co.
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Credit Suisse Group, Switzerland's second-largest bank, said Friday it was selling its 19.9 percent stake in the operations of Warburg Pincus back to the U.S. private equity firm.
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ZURICH: Credit Suisse Group has sold its 19.9% stake in private equity firm Warburg Pincus, the Swiss-based bank said on Friday, adding the deal would have no significant impact on its results.
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Paris-based Atos Origin will pay an undisclosed sum to acquire the division from KarstadtQuelle, and some 900 people will transfer over to Atos Origin, which will then become responsible for managing ...
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Shares of KarstadtQuelle dropped over 3 percent Tuesday after the group, Europe's largest department store and mail order retailer, said fourth quarter sales plunged 9.5 percent to 4.1 billion euro ($5.4 ...
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KarstadtQuelle AG, Germany&#39;s biggest operator of department stores, reached an agreement with investors who mounted legal challenges to the company&#39;s plan to raise 535 million euros ($709 million) in a share sale.
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KarstadtQuelle&#39;s (KARG.DE: Quote, Profile, Research) rescue plan threatened to unravel on Monday after two shareholders formally objected to a 500 million
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Struggling German retailer KarstadtQuelle said Tuesday it plans to sell nearly half of its department stores and raise about &#36;615 million through a share offering as it restructures in response to Germany's persistent retail slump.