Economics

Praktiker bankruptcy separate from Bâtiself

Luxembourg's Bâtiself stores are not affected by the most recent developments of soon-to-be-bankrupt German DIY market chain Praktiker, even though the company is looking for a new investor.

10.09.2013

(CS) Luxembourg's Bâtiself stores are not affected by the most recent developments of soon-to-be-bankrupt German DIY market chain Praktiker, even though the company is looking for a new investor.

Praktiker's bankruptcy managers announced last week that no investor had been found for the German chain. According to reports, a sale at the company's 130 outlets is expected to begin as early as this week.