Dismal Prospects for Schlecker Austria

CompaniesRetail & Consumer ♦ Published: June 25, 2012; 19:07 ♦ (Vindobona)

An insolvency of Schlecker Austria seems likely. A sale to MTH is still uncertain.

Dismal Prospects for Schlecker Austria / Picture: © Schlecker

In the last weeks, Schlecker Austria´s prospects worsened drastically. According to „Wirtschaftsblatt“, an insolvency of Schlecker is almost certain. There are still talks with potential investors, but the talks are not really advanced.

These talks would be only exploratory talks. The due-diligence phase is still far away, insiders report. In July, the situation will become…