MUNICH (Dow Jones) – The drugstore operator Erwin Mueller is expanding its participation in the retail group Douglas. "I have my stake to 5.2% increase, "said the businessman to the magazine "Focus", according to a preliminary report from the weekend.
The Voting rights would be published on Tuesday. Only in Last November, the 77-year-old with a 3% percent in the MDAX Corporation entered.
Mueller expects its investment in Douglas continues Cost advantages, such as shopping and transportation. The Ulmer has Europe more than 600 branches and operates in accordance with the area distance most drug stores in Germany.
"On the next Annual General Meeting I am present-Douglas, If I am invited, "Mueller said." It is my goal in During the year shareholders still in double digits to be. "
DJG / cbr / mrf