Jelmoli settles dispute over failed EUR 2bn sale

By A staff reporter 2008-06-25T00:00:00

Swiss retail group Jelmoli has reached a settlement with the Israeli-UK consortium of investors which pulled out of the EUR 2bn deal to buy 88 Jelmoli department stores last year. Jelmoli said that consortium member Delek Blenheim Group will pay Jelmoli CHF 21.5mln (EUR 13.2mln) as final settlement of all ...

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