Автор
Reuters
Reuters
Опубликовано
23 сент. 2012 г.
23 сент. 2012 г.
German retailer Douglas says in takeover talks
Автор
Reuters
Reuters
Опубликовано
23 сент. 2012 г.
23 сент. 2012 г.
FRANKFURT - German retail Douglas said it was in talks with a financial investor that could see the investor taking a significant holding in the company.
"Talks are being held between the company, certain major shareholders of the company and a financial investor," Douglas said in a brief statement on Friday, adding it was uncertain whether a transaction would actually go ahead.
Sources had previously told Reuters that U.S private equity firm Advent International was nearing a deal to buy a majority stake in the retailer, which runs perfume, clothing, books and confectionary stores.
Shares in Douglas were up 4.3 percent at 37.33 euros at 0950 GMT. (Reporting by Victoria Bryan)
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