Economic news

Signa unit confirms bankruptcy filing in letter to employees – Wirtschaftswoche

2023.11.25 05:46



FRANKFURT (Reuters) – Signa Real Estate Management confirmed its bankruptcy filing in a letter to employees on Friday evening, German magazine Wirtschaftswoche reported on Saturday, citing a copy of the letter.

In the document, Signa REM Germany informed its employees about the company opening insolvency proceedings. Der Spiegel first reported the court filing at the Berlin Charlottenburg district court on Friday.

Signa declined to comment when contacted by Reuters.

A provisional insolvency administrator will “probably be appointed by the local court at very short notice,” the letter stated.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 94,572.34 0.75%
ethereum
Ethereum (ETH) $ 3,442.67 5.10%
tether
Tether (USDT) $ 0.998681 0.14%
xrp
XRP (XRP) $ 2.24 2.23%
bnb
BNB (BNB) $ 694.43 7.25%
solana
Solana (SOL) $ 191.18 6.05%
dogecoin
Dogecoin (DOGE) $ 0.324696 4.32%
usd-coin
USDC (USDC) $ 1.00 0.14%
cardano
Cardano (ADA) $ 0.925928 5.05%
staked-ether
Lido Staked Ether (STETH) $ 3,435.85 5.04%
tron
TRON (TRX) $ 0.252901 3.70%
avalanche-2
Avalanche (AVAX) $ 39.21 7.61%
chainlink
Chainlink (LINK) $ 24.61 11.53%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,077.34 4.87%
the-open-network
Toncoin (TON) $ 5.60 4.15%
sui
Sui (SUI) $ 4.62 7.36%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 5.27%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,390.29 0.76%
polkadot
Polkadot (DOT) $ 7.39 8.12%
stellar
Stellar (XLM) $ 0.36875 3.74%
hedera-hashgraph
Hedera (HBAR) $ 0.285031 7.77%
hyperliquid
Hyperliquid (HYPE) $ 29.60 2.54%
weth
WETH (WETH) $ 3,441.15 5.08%
bitcoin-cash
Bitcoin Cash (BCH) $ 461.82 3.70%
leo-token
LEO Token (LEO) $ 9.38 0.69%
uniswap
Uniswap (UNI) $ 14.43 4.07%
litecoin
Litecoin (LTC) $ 106.78 7.35%
pepe
Pepe (PEPE) $ 0.000019 4.02%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,622.20 4.71%
near
NEAR Protocol (NEAR) $ 5.44 8.34%
bitget-token
Bitget Token (BGB) $ 4.25 2.77%
ethena-usde
Ethena USDe (USDE) $ 0.998755 0.17%
aave
Aave (AAVE) $ 385.30 22.16%
aptos
Aptos (APT) $ 9.73 5.10%
usds
USDS (USDS) $ 1.00 0.02%
internet-computer
Internet Computer (ICP) $ 10.78 8.53%
crypto-com-chain
Cronos (CRO) $ 0.162096 5.30%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.501072 6.16%
ethereum-classic
Ethereum Classic (ETC) $ 27.57 6.24%
mantle
Mantle (MNT) $ 1.21 4.36%
render-token
Render (RENDER) $ 7.68 9.25%
vechain
VeChain (VET) $ 0.048937 7.23%
bittensor
Bittensor (TAO) $ 494.94 9.67%
mantra-dao
MANTRA (OM) $ 3.80 3.31%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.37 9.93%
monero
Monero (XMR) $ 191.92 1.63%
whitebit
WhiteBIT Coin (WBT) $ 24.35 0.42%
dai
Dai (DAI) $ 0.999461 0.23%
arbitrum
Arbitrum (ARB) $ 0.804566 8.01%
ethena
Ethena (ENA) $ 1.10 5.42%