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Galeria's New Owners Want to Keep More Than 70 of the 92 German Department Stores

Creditors Will Still Need to Approve the Deal
The Galeria Karstadt Kaufhof store in Cologne, Germany. Photo by Ying Tang/NurPhoto via Getty Images). (NurPhoto via Getty Images)
The Galeria Karstadt Kaufhof store in Cologne, Germany. Photo by Ying Tang/NurPhoto via Getty Images). (NurPhoto via Getty Images)

The new owners of German department store chain Galeria Karstadt Kaufhof want to keep more than 70 of the 92 branches.

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