Sunday, February 7, 2016

Roland Kahn negotiates on takeover exclusive V & D – Financieele Dagblad

The trustees of V & D and the investment vehicle of Dutch entrepreneur Roland Kahn Saturday make known to enter into exclusive negotiations for the acquisition of V & D . The entrepreneur denied on Friday still the acquisition to be busy.

Cool Investments, among others, the Coolcat chains and among America Today fall, wants all the activities of V & D, including taking over the brand. The company says “a large portion” of 62 V & D department stores without interruption by wanting to start.

Employment

the acquisition of V & D, according Cool Investments and liquidators the best possible outcome for the creditors in the bankruptcy. It also gives them according to the best position for employees, suppliers and the 1500 economic activity in Dutch inner cities

At V &. D work about eight thousand people of which five thousand and three thousand in the shops in the La Place restaurants in department stores. A restart by Cool Investments according to the parties with a large proportion of the workers a good chance for a new contract.

conditions

the acquisition is still subject to two important conditions: on closing of bank financing and the cooperation of the property owners .

According to the parties involved in the negotiations Kahn pulls his plan with supermarket chain Jumbo, previously the La Place- restaurants from the bankrupt V & D assets acquired. Half of the restaurants is located in the department stores, and thus Jumbo family of Eerd has much interest in the stores by start.

on the second candidate with which the curators have spoken recently, Canadian department store Hudson’s Bay, mention the trustees with a word. The operator of about five hundred stores will V & D to put up with a whole new store concept. It is questionable whether Hudson’s wanted to go to La Place restaurants in department stores.

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