Bloomberg News

Schlecker Insolvency Admin May Sell ‘Ihr Platz’ Unit, FTD Says

April 09, 2012

Schlecker’s insolvency administrators are seeking to sell the German retailer’s “Ihr Platz” drugstore chain in case finding a buyer for the entire company proves too difficult, Financial Times Deutschland reporterd, citing unidentified people in the finance industry.

Consultant firm Roland Berger has been tasked with developing a plan to sell the unit separately, and some potential buyers have already been approached, the newspaper said.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net


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