German retail and mail order company Arcandor AG ( ARO.XE) expects the sale of its real estate portfolio by Christmas, Arcandor board member Peter Wolf told the media in Duesseldorf.
He said the size and the complexity of the transaction...
The shares of Germany’s largest retailer Metro AG ended the week on a high note amidst speculation that it was planning to join rival Arcandor AG to spearhead a far-reaching shakeout in Europe's retail business.
Together with a media report...