Ceconomy AG (CECG.DE)
BERLIN, Sept 19 Shares in Ceconomy fell on Wednesday after Europe's biggest consumer electronics retailer cut its profit goals for the 2017/18 financial year, citing poor trading as an unusually hot summer put people off buying TVs and other gadgets.
DUISBERG, Germany, Sept 4 German investment group Haniel could sell its 25 percent stake in consumer electronics retailer Ceconomy if the right offer came along, its chief executive Stephan Gemkow said.
* Ceconomy shares gain more than 4 pct (Adds analyst comment, background)
BERLIN Shares in Metro AG jumped on Monday as Ceconomy announced it may join family-owned Haniel [FHANI.UL] in selling a stake in the German retailer to an investor group led by Czech billionaire Daniel Kretinsky.
BERLIN, Aug 14 German consumer electronics retailer Ceconomy said it will reconsider its rapid pace of expansion in Turkey in light of the lira's recent collapse, but saw no reason to change its long-term view on the country's prospects.
FRANKFURT German independent telecoms company Freenet will acquire 9 percent of Ceconomy via a rights issue, helping the consumer electronics retailer to strengthen its balance sheet after a recent Russian deal.
FRANKFURT, June 29 German independent telecoms company Freenet will acquire 9 percent of Ceconomy via a rights issue, helping the consumer electronics retailer to strengthen its balance sheet after a recent Russian deal.
FRANKFURT German consumer electronics retailer Ceconomy has agreed to swap its Russian business and cash for a 15 percent stake in M.video , a unit of Russia's Safmar, it said on Wednesday.
MOSCOW Safmar, which groups assets of billionaire Mikhail Gutseriyev's family, could use part of the proceeds from its deal with German consumer electronics group Ceconomy to pay off its debt to VTB Bank .
* Ceconomy shares rise 3.9 pct (Adds further details of deal, changed Ceconomy earnings guidance)