Consortium of US investor Baker, Beetz to buy German retail giant Galeria, sources say

A consortium including Hudson Bay Company CEO Richard Baker’s investment firm NRDC Corp is set to take over German department store chain Galeria, two sources familiar with the matter told Reuters on Tuesday.

A spokesperson for Galeria’s insolvency administrator Stefan Denkhaus declined to comment. Read more at Business Times.

SHARE

Facebook

Twitter

Pinterest

Linkedin

Email

Print