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General

Shareholders push Ceconomy to come up with new strategy

Tuesday 30 June 2020 | 17:24 CET | News
Convergenta, the investment vehicle of the Kellerhals family, has asked Ceconomy, the owner of retailers Media Markt and Saturn, to design a strategy for the group, Reuters reports. Convergenta owns around 21 percent of the company. It believes that "a strategy needs to be put on the table," said a spokesperson, adding that it is "crucial that this strategy is supported by all shareholders and that is implemented quickly and closely monitored." 

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Categories: General
Companies: Ceconomy / MediaMarktSaturn
Countries: Europe
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