A German group has turned its attention to the outlets of the recently declared bankrupt retailer Mega World. Negotiations with the trustees are starting today.
According to the liquidator Thierry Lammar, the potential buyer is a major German player “who wants to take advantage of this opportunity to expand on the Belgian market.” Kanaal Z, a Belgian channel reports this. The company would be interested in all of Mega World’s 119 premises.
Yet it is far from certain that they will all end up at one party. Three-quarters of the leases are with Piocheur, another holding company of Mega World owner Dirk Bron. Piocheur is also in bad shape. At the end of this month, a judge will decide on bankruptcy, writes Belgian newspaper De …
Read the full article at: https://www.retaildetail.eu/en/news/property/german-prospective-buyer-mega-world