“American Investor Baker Beetz-Led Group to Acquire Germany’s Galeria Insider Sources Reveal”
According to sources familiar with the situation a group led by Richard Baker’s investment firm NRDC Corp in collaboration with Hudson’s Bay Company CEO is poised to acquire Galeria Karstadt Kaufhof a prominent German department store chain. This move follows Galeria’s filing for insolvency earlier this year after its parent company Signa collapsed amidst Europe’s…