Investigations into bankrupt real-estate tycoon René Benko have been expanded to include a number of new cases, Austrian ...

As for Signa Prime Selection, apart from Benko, other shareholders include German billionaire Klaus-Michael Kuehne, who has 10%; and France’s Peugeot family, with a 4.6% stake.

The strife at property tycoon René Benko's empire is rippling through the debt markets, where bonds issued by one of his units have crashed to just a fraction of their face value. Benko's main ...

Rene Benko, the property tycoon and founder of the now collapsed company Signa, has been arrested on suspicion of fraud, Austrian prosecutors have said. The magnate was arrested on Thursday on ...

Signa Holding’s billion-dollar tumble into insolvency is complete. Rene Benko’s main holding company filed for the bankruptcy-like procedure in Austria, the Wall Street Journal reported. Benko ...

Benko, the founder of Signa Holding, once held a 50% stake in New York City's iconic Chrysler Building and a 40% stake in the UK's Selfridges department stores before filing for insolvency in 2023.

Rene Benko, the Austrian erstwhile billionaire now fighting bankruptcy, appeared before a parliamentary inquiry probing payments to his insolvent Signa group. He was fined for refusing to answer a ...

The mandate for Rene Benko’s firm comes after it filed for insolvency last month. Benko’s company is believed to hold a 50-percent stake in the 77-story office tower.

Reuters. FILE PHOTO: Fallen Austrian property tycoon Rene Benko appears before a parliamentary commission of inquiry looking into economic aid given to companies during the COVID-19 pandemic ...

René Benko was talking to investors in Saudi Arabia when he found out the headquarters of his sprawling property empire, deep in the Alps, had been raided by a squad of Austrian police.

Fallen Austrian property tycoon Rene Benko appears before a parliamentary commission of inquiry looking into economic aid given to companies during the COVID-19 pandemic including those in his ...