Qataris to spring for Printemps

2013-02-21 23

The Qataris continue their investment shopping spree, with the upmarket French department store Printemps in their sights.

Italian businessman Maurizio Borletti - who currently owns 30 percent of the chain of 16 stores - has joined up with the Qataris to bid for full control.

Deustche Bank's property arm is the seller of the other 70 percent.

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