Obi planning to take over individual Praktiker stores

The DIY store operator Obi-Gruppe of Wermelskirchen is planning to take over individual stores of the ailing DIY group Praktiker AG of Kirkel. Karl-Erivan Haub, managing director of Obi’s parent company Tengelmann of Mühlheim/Ruhr, told the financial magazine “Wirtschaftswoche” that a variety of landlords of ...

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