Company News Equitable of Iowa sell Younkers

Companies Equitable of Iowa said she would do its Younkers department store chain based in Des Moines, the sale of redeployment of capital to ensure the retail trade. Younkers in possession of Equitable since 1979, operates 36 branches in five countries Midwest 1988 with a turnover of $ 313 million.

Companies Equitable of Iowa said that his department would Younkers-Shop chain has its headquarters in Des Moines, the sale of redeployment of capital to ensure the retail trade. Younkers in possession of Equitable since 1979, operates 36 branches in five countries Midwest 1988 with a turnover of $ 313 million.

Fred Hubbell, fair Chief Executive Officer, said both companies had great potential for growth, but that both require more funds available to continue to develop. Juste, he said, promising sees great future in life insurance”and we have more experience and know-how in the insurance sector.

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