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Kaufhof: Benko Has Good Odds
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The Austrian real estate investor has high chances to acquire the German retail chain Kaufhof. The sale could be closed before Christmas.

The German Metro Group sells its subsidiary Kaufhof. According to market rumors, René Benko offered € 2.4bn. Furthermore, he has already submitted certificates proving that enough funds are given. Several banks have confirmed that Benko´s holding company, Signa Holding, should be able to succeed without leveraging the acquisition.
Two other competitors also showed interest to…
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