Arcandor steps up its efforts for state aid with €437m plea

Arcandor stepped up its pleas for state aid on the 5 June 2009 as the retailer and its owners negotiated with the German government and Metro, its rival, in an effort to ensure its survival.

ESO: Background information: Arcandor gains Berlin lift http://www.europeansources.info/record/arcandor-gains-berlin-lift/

Deutsche Welle, 6.6.09: Angela Merkel rules out bailout for German retailer Arcandor http://www.dw-world.de/dw/article/0,,4305166,00.html

Deutsche Welle, 8.6.09: Berlin rejects Arcandor's second bid for state aid http://www.dw-world.de/dw/article/0,,4311185,00.html

BBC News, 8.6.09: State rejects Arcandor aid claim http://news.bbc.co.uk/1/hi/business/8088953.stm

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