Daily Digit: German Retailer's Plunge
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67% is today's daily digit in Europe - the amount shares in Praktiker plunged during early trading. Last-ditch talks with creditors failed, forcing the German DIY retailer to file for insolvency. The company employs 20,000 workers and heavy job losses are now feared. Employees have offered to take pay cuts to help rescue the company - which is Germany's third largest DIY chain by sales.

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