Benko withdraws from the management of the Signa Group
Austrian company founder René Benko is stepping down from the management of the ailing Signa Group. As the company announced on Wednesday, the billionaire is stepping down as Chairman of the Advisory Board of Signa Holding GmbH.
Benko's decision to withdraw from Signa Group management may impact the company's future strategies in the real estate sector. Despite Benko's departure, Signa Group continues to hold a significant portfolio of real estate properties worldwide.
Source: www.dpa.com