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Article: Douglas hunts for takeover targets.(FINANCIAL NEWS)

Article from:
Cosmetics International
Article date:
June 22, 2007
Copyright

German retail giant Douglas Holding AG is on the prowl for acquisitions. In a recent interview, Burkhard Bamberger, Douglas' chief financial officer said he was interested in buying more perfumery businesses in Europe.

Bamberger hinted that Douglas is scouring Eastern Europe in particular for any potential bargains, though he said Western Europe could also contain opportunities.

Douglas' shares have leapt almost 25% in the last year. ...

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