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Semper Constantia Invest Becomes Core Shareholder of German Praktiker
The Austrian investment company has increased its stake to become the second largest shareholder in the ailing German do-it-yourself store chain.
Semper Constantia Invest Becomes Core Shareholder of German Praktiker / Picture: © Praktiker AG
Semper Constantia Invest, the investment arm of Viennese Semper Constantia Privatbank, has acquired a stake of 5.33% in the German DIY chain Praktiker. The 5% level was surpassed on Thursday after the Austrian investment corporation had held a stake of 3.38% on 6 September already.
Semper Constantia Invest is now the second largest shareholder of Praktiker after Eaton Park which…
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