Benko to Acquire Kaufhof

Businessn.a. ♦ Published: November 2, 2011; 19:18 ♦ (Vindobona)

The Austrian real estate investor René Benko plans to purchase the retail trade chain Kaufhof from the German Metro group.

Benko to Acquire Kaufhof / Picture: © Kaufhof

Kaufhof, which is for sale already for years, has suddenly become an interesting target for several investors. Besides the Austrian real estate investor Benko, who owns the Signa Holding, also the German Karstadt group shows interest in Kaufhof. Moreover, the Spanish retail trade chain Corte Inglés aims to purchase the subsidiary of Metro.

“We submitted an offer for Kaufhof…