Image: (APA/GEORG HOCHMUTH)
According to reports, Signa Prime Selection’s creditors’ committee could approve the deal as early as today, Monday.
The German industrialists helped René Benko’s Signa Prime Selection out of its liquidity crisis last summer with a loan of 200 million euros and in return received liens on the financing company Signa Prime Capital Invest GmbH, which includes shares in valuable properties such as the planned Lamarr luxury department store in Vienna KaDeWe in Berlin and the Elbtower project in Hamburg.
- also read: Suspicion of money laundering: investigations against René Benko
The Schoeller Group is now said to have not only offered the best price out of a total of 37 interested parties for Signa Prime Asset GmbH, but also made the best structural offer, that is: the liens on Signa Prime Capital would be deducted, which would mean the realization of the assets valuable properties would no longer be blocked. Prime’s restructuring manager did not respond to the rumors when asked.
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