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Finnish retailer Stockmann files for corporate restructuring

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Finnish department store owner Stockmann has decided to file for a corporate restructuring after the drop in customer volumes caused by the coronavirus outbreak, it said on Monday, sending shares in the company down 32 per cent.

[HELSINKI] Finnish department store owner Stockmann has decided to file for a corporate restructuring after the drop in customer volumes caused by the coronavirus outbreak, it said on Monday, sending shares in the company down 32 per cent.

Stockmann said its main creditors had given a...

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