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Russian businessman Arthur Pakhomov the owner of the holding Karoteks has made an offer to buy the bankrupt German chain of malls Karstadt, said on Saturday the magazine Der Spiegel. Pakhomov proposed for the entire company about 40-60 million Euro.
Representative of the external administration of Karstadt reported that the network has four potential buyers, but refused to name them. "We received a letter and sent it for inspection to investment bank", - he said.
Der Spiegel, without naming its sources, reported that Pakhomov plans to finance the Christmas sales season of Karstadt in 2010, as well as invest 80 million Euro a year to develop and maintain its long-term stability.
Der Spiegel, without naming its sources, reported that Pakhomov plans to finance the Christmas sales season of Karstadt in 2010, as well as invest 80 million Euro a year to develop and maintain its long-term stability.
Nat Lawyer
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