DISA news and archive

Printemps sold to Qatari-backed investors

French department store chain Printemps has been sold by the Deutsche Bank and Italian businessman Maurizio Borletti to Qatari-backed investment fund Divine Investments SA, or Disa, in a deal said to be valued at 1.6 billion euros. Disa acquired a 70 percent stake from Deutsche Bank's Asset & Wealth Management’s real estate business and the...