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Thailand's Central buys rest of German luxury retail business KaDeWe

Summary by Channel News Asia
FRANKFURT : Thai retailer Central Group agreed to acquire the assets it has not already secured in KaDeWe Group, a chain of landmark department stores in Germany, part of tycoon Rene Benko's folded property empire.Central purchased the eponymous Berlin luxury department store KaDeWe in April, saying at th

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Channel News Asia broke the news in Singapore on Friday, June 14, 2024.
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