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09.06.2009 - German retailer Arcandor files for insolvency

DW-WORLD: German government rejects state aid for stricken retailer Arcandor The German government has rejected a bailout bid by struggling retail giant Arcandor.

The Czech Republic news are represented by www.prague-hotel-hotels.com

The company's shares were in free fall on Monday as merger talks with rival Metro continued. (08.06.2009) DW-WORLD: Arcandor executives meet with rival Metro Arcandor chief Berlin's KaDeWe goes up for sale as German retailers fight to survive ...
CEO dismisses talk of major German retail merger ...
Report: Abu Dhabi's royal family interested in Opel investment ...
Germany beats Wales in football World Cup qualifier ...
Japan deploys missile destroyers ahead of N'Korean launch ...
Klitschko Defends Heavyweight Title with Knockout Win in Stuttgart ...
Karl Gerhard Eick and Metro's boss Eckhard Cordes met on Sunday to discuss a possible merger of the two retail giants after Chancellor Angela Merkel dashed hopes for a government bailout. (07.06.2009)

(Deutsche Welle)


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