Qataris to spring for Printemps

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Qataris to spring for Printemps

E
euronews (in English)

23 Views • Feb 21, 2013

Description

The Qataris continue their investment shopping spree, with the upmarket French department store Printemps in their sights.

Italian businessman Maurizio Borletti - who currently owns 30 percent of the chain of 16 stores - has joined up with the Qataris to bid for full control.

Deustche Bank's property arm is the seller of the other 70 percent.

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http://www.euronews.net/