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Ceconomy receives approval for state financial aid

Tuesday 5 May 2020 | 09:43 CET | News
Ceconomy, the owner of retailers Media Markt and Saturn, said the government has approved the issue of a loan facility of EUR 1.7 billion. The company will receive the loan from the KfW, Germany's state-owned bank, for a period until December 2021, with a one-year extension option at the discretion of KfW. Ceconomy

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Categories: Mobile & Wireless
Companies: Ceconomy
Countries: Germany
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