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Penta Bids For Insolvent German Retailer Schlecker

By Kaitlin Ugolik (April 6, 2012, 7:37 PM EDT) -- European private equity firm Penta Investments has made an undisclosed offer to purchase defunct German drugstore chain Schlecker, surprising some analysts who had predicted that Droege International Group AG was poised to take over the company, according to German news reports Friday....

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