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MediaMarkt is a German multinational chain of stores selling consumer electronics with over 1000 stores in ten countries in Europe.With the Saturn chain of stores it constitutes Media-Saturn Holding, owned by the retail company Ceconomy, which was demerged from Metro Group in 2017.
Media-Saturn-Holding (or MediaMarktSaturn Retail Group), headquartered in Ingolstadt, bundles business under the MediaMarkt and Saturn brands. The formerly independent retail chains have been affiliated under company law since 1990. [22] The first MediaMarkt store opened in Munich in 1979, [23] the first Saturn store in 1961 on Cologne's ...
Under the transaction being discussed, the holding of the Kellerhals family, Convergenta, would swap its stake in the jointly held Media Saturn for a 25% stake in Ceconomy and get a cash payment ...
Saturn is a German chain of electronics stores in Germany. With Media Markt it constitutes Media-Saturn Holding, owned by the retail trade company Ceconomy, which was spun-off from Metro Group in 2017. The Saturn store in Hamburg is the biggest electronics retail shop in Europe. Saturn is known for its slightly coarse advertising slogan Geiz ...
Metro AG was renamed Ceconomy, comprising Media Markt and Saturn electronics stores, while a new company with the name Metro AG was formed, comprising Metro Cash & Carry and Real. In September 2018, Metro announced that it wanted to sell the Real hypermarket subsidiary in Germany to focus entirely on wholesale business. [ 19 ]
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2. ...
The body of an Indian journalist who had reported on alleged corruption in the country has been found in a septic tank in Chhattisgarh state. Mukesh Chandrakar, 32, went missing on New Year's Day ...
Erich Kellerhals (8 November 1939 – 25 December 2017 [1]) was a German billionaire, co-founder of Media-Saturn-Holding GmbH, owner of Media Markt. In March 2017, his net worth was estimated at US$1.8 billion. [2]