Tuesday, May 22, 2012
German clothes exporter looking for buyer
FRANKFURT - The family owners of Schustermann & Borenstein have mandated Goldman Sachs to sell the German clothing exporter, two people close to the transaction said on Friday, a move analysts expect to attract strong interest. Photo: Schustermann & BorensteinSchustermann & Borenstein specialises in exporting clothing to eastern Europe and other non-EU countries. Separately, it sells surplus stock in so-called outlet centres. "Any company that is investing in distribution, especially to
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