FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), the ...

VIENNA (Reuters) - It was a mistake for Austrian property group Signa to venture into the retail business, since that cost it capital that was sorely missing when it tried to stave off insolvency, ...

FRANKFURT: European property company Signa on Thursday said that two key divisions are filing for insolvency, a significant development in the unravelling of founder Rene Benko's real estate empire.

Add Yahoo as a preferred source to see more of our stories on Google. LONDON — Thailand’s Central Group has taken control of Selfridges, which it purchased in late 2021 alongside its joint venture ...

Marc Filippino Good morning from the Financial Times. Today is Wednesday, December 13th. And this is your FT News Briefing. Westminster has taken a step towards sending asylum seekers to Rwanda. And ...

Add Yahoo as a preferred source to see more of our stories on Google. The logo of the real estate company Signa is displayed on the facade of a high-rise building at the company's Berlin headquarters.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Administrators at René Benko’s collapsed European property empire are seeking €350mn from investors to ...

LONDON — The restructuring is rolling ahead at Signa Holding, the Austrian commercial property giant which co-owns Selfridges with Central Group. The company was placed into administration earlier ...

LONDON — Another division of Rene Benko’s troubled Signa property empire has filed for insolvency following the collapse of the holding company last month. Signa Prime Selection AG, which has stakes ...

VIENNA | FRANKFURT: Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, making it the biggest casualty so far of Europe's ...

Shares of Signa Sports United (NYSE: SSU) were trading as high as 4% after the market open on Wednesday. The jump came after the company reported earnings for the fiscal second quarter of 2023, where ...

FRANKFURT, June 11 (Reuters) - Signa Sports United, owned by Austrian investor Rene Benko, has agreed to a U.S. listing through a blank-check merger that values the online sports goods retailer at ...