KarstadtQuelle promises dividend to shareholders in 2008 |
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Published
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Thu, 25 Jan 2007 08:40
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FRANKFURT (AFX) - KarstadtQuelle AG is promising shareholders a dividend in 2008, CEO Thomas Middelhoff said in an interview with Sueddeutsche Zeitung.Middelhoff said the company intends to sell its entire stake in its unit Neckermann, and this will be carried out in two stages.KarstadtQuelle said previously that it planned to list or sell Neckermann in the third quarter of 2007.MDAX-listed KarstadtQuelle will announce its new company name at its annual general meeting in May, added the report.krysia.diver@afxnews.comkd/jfrCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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