Karstadt Sports’ parent to get a state loan

2021-02-01T15:15:00

Germany’s federal government has agreed to grant a €460 million loan to Galeria Karstadt Kaufhof (GKK), the big and struggling department store chain owned by Signa Retail, according to the German press agency, DPA. However, the loan is said to be subordinated to a number of yet unspecified conditions. One ...

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