It was reported that the families which own German department store group Breuninger are keen to divest themselves of the group’s retail business and property assets. The total value of a possible divestiture has been estimated by experts to be as much as €2.5bn. According to a list drawn up by investment bank Macquarie, many entities have expressed an interest in Breuninger, including private equity investors and retail groups. Some of them are said to be interested in the fashion retail business, others only in the property assets, some entities are considering acquiring both. Breuninger operates 13 department stores, notably in Stuttgart and Düsseldorf. Last year, the group generated a revenue of approximately €1.5bn. The Breuninger e-shop, active in 10 countries, accounted for 50% of this figure.