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 ...
A private foundation co-founded by former real estate tycoon Rene Benko has collapsed into insolvency after a court ruled it owed sovereign wealth fund Mubadala Investment Co about €1 billion.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Billionaire property developer René Benko has been ousted from his real estate empire Signa amid a cash crunch ...
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.
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 ...
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.
GE HealthCare (Nasdaq: GEHC) announced today 510(k) clearance of three new magnetic resonance (MR) innovations with the U.S.
Add Yahoo as a preferred source to see more of our stories on Google. A "Signa" lettering can be seen on a construction fence of an already closed Karstadt department store in the city center. The ...
Representative Image VIENNA: Austrian anti-corruption and economic crime prosecutors have wrapped up their initial investigation into the collapse of the Signa property empire and filed a report so ...
Austrian entrepreneur Rene Benko’s property empire is on the brink of collapse. Signa Holding GmbH, the part-owner of London’s Selfridges department store and New York’s Chrysler building, is the ...