Semper Constantia Invest Becomes Core Shareholder of German Praktiker

Published: September 15, 2011; 21:35 · (Vindobona)

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…

This article includes a total of 150 words.

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