Nicolas Berggruen News
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Billionaire Nicolas Berggruen and two Portuguese partners plan to spend as much as 1 billion euros ($1.3 billion) on real estate in the country, though they’re not expecting to make a quick return.
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The German real-estate market, one of the biggest beneficiaries of the European debt crisis, would be hurt by a breakup of the euro, according to billionaire investor Nicolas Berggruen.
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Western democracy prides itself on the ability to adapt to changing times.
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Author Nicolas Berggruen talks with Lewis Lapham about his book, "Intelligent Governance for the 21st Century: A Middle Way between West and East." (Source: Bloomberg)
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Berggruen Holdings Ltd., an investment firm, won the bidding for Karstadt AG, edging out two other offers for the German department store operator owned by insolvent Arcandor AG.
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Nicolas Berggruen, 51, is polite, thoughtful, cultivated and fashionable -- from his un-linked French cuffs and slightly messy collar to his quiet loafers.
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Billionaire Nicolas Berggruen wants to talk about economic and political governance at the World Economic Forum’s annual meeting in Davos, Switzerland, this week. If only the more than 2,500 business and political leaders attending would put down their BlackBerrys.
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Nicolas Berggruen can’t sit still.
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German billionaire Nicolas Berggruen beat two other bidders for Karstadt this week with a promise to maintain the German department stores and jobs. He may have to ditch many of its products to make a revival work.
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Cory Booker strides to the lectern at a June reception honoring hedge-fund founder Bill Ackman. Pershing Square Foundation, Ackman’s philanthropic organization, had pledged more than $25 million since 2007 to help Booker’s poverty-wracked Newark, New Jersey, improve schooling, enhance parks and find jobs for ex-convicts.
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