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 ...

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.

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 ...

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.

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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Creditors of the two most important companies in the bankrupt Signa property group are pushing to oust ...

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 ...

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 ...

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 ...