Signa investors should inject more money for renovation – economy

2024-01-04 18:14:18

Vienna – Signa’s previous backers should inject more money to ensure the restructuring process is self-managed and to avoid emergency sales. This emerges from a letter from the restructuring director of the two Signa subsidiaries Prime and Development, Erhard Grossnigg, to Signa investors, which was published on Thursday in the magazine “Profile” and “Spiegel” quoted. Grossnig spoke to “Profil” regarding “a positive response.” Signa might not be reached by the APA.

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