Bloomberg News

Berggruen Made ‘Improved Offer’ for Kaufhof, Spokesman Says

December 15, 2011

Dec. 15 (Bloomberg) -- Berggruen Holdings, the owner of German department-store chain Karstadt, submitted “an improved offer” with Blackstone Group LP for Metro AG’s Kaufhof unit, a spokesman for Berggruen said by phone today.

The spokesman declined to comment further on the offer, which was previously reported by Handelsblatt.

To contact the editor responsible for this story: Julie Cruz at

Silicon Valley State of Mind

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus