FRANKFURT, Dec 15 (Reuters) – German sex shop group Beate Uhse has filed for insolvency after failing to secure financing from a group of investors.
The company, started in 1946 by a former female pilot with the same name, said on Friday the insolvency did not apply to its subsidiaries, which means its shops will remain open as it tries to restructure.
“We are taking a path that we are confident…
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