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 Prime Selection AG, majority owned by Austrian businessman Rene Benko, is talking to several banks about selling at least 300 million euros ($365 million) of debt, according to people ...

CEO Olivier van den Bossche is leaving German department store chain Galeria with immediate effect. A precise reason was not ...

Construction of the German Elbtower began in 2021 but was halted in 2023 after the main financier, Rene Benko of Signa Holdings, went bankrupt. Now, Dieter Becken, 75, has taken on the challenge ...

A self-made billionaire, Benko tapped low interest rates to rapidly expand his business, acquiring stakes in prestigious properties from Britain's Selfridges department stores to the Chrysler Building ...