Rinascente had no contacts with Debenhams-investor

Mon Jul 2, 2007 4:46am EDT
 
[-] Text [+]

MILAN, July 2 (Reuters) - Italy's department store La Rinascente has had no contacts with British retailer Debenhams (DEB.L) for a possible partnership, La Rinascente investor Maurizio Borletti told Reuters on Monday.

The Sunday Times newspaper has reported that Debenhams is seeking a merger partner in Europe.

German conglomerate KarstadtQuelle KARG.DE said on Sunday it had held talks with the British retailer.

 

Companies In This Article

Featured Broker sponsored link