Karstadt insolvency administrator seeking investor

ESSEN, Germany, Nov 10 (Reuters) - The search for an investor for Karstadt, the insolvent department store chain of German retail group Arcandor (AROG.DE), will begin soon, the insolvency administrator said on Tuesday.

Klaus Hubert Goerg said in a speech text prepared for a creditor meeting in Essen that a restructuring of Karstadt was the "best alternative for all participants".

(Reporting by Eva Kuehnen)