Schoenherr has advised the insolvency administrator of the DIY chain Praktiker’s German entities (Baumarkt Praktiker International GmbH and Baumarkt Praktiker Grundstücksbeteiligungs GmbH) on the sale of Praktiker’s Hungarian subsidiaries. The operative company Praktiker Kft. was acquired by its current managing director, while the real estate holding entity was purchased by Hungary’s Wallis Group. The purchasers […]
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