Robert Campeau Canadian Business
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Robert Campeau is a member of the following lists: People from Ottawa, 1923 births and People from Greater Sudbury.
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Details
| First Name |
Robert
|
| Last Name |
Campeau
|
| Birthday |
3rd August, 1923
|
| Birthplace |
Chelmsford, Ontario
|
| Died |
12th June, 2017
|
| Place of Death |
Ottawa, Ontario, Canada
|
| Zodiac Sign |
Leo
|
| Nationality |
Canadian
|
| Occupation Text |
financier and real estate developer
|
| Occupation |
Business
|
Robert Joseph Antoine Campeau (August 3, 1923 – June 12, 2017) was a Canadian financier and real estate developer, who engineered the largest retailing bankruptcy at the time in U.S. history. Starting from a single house constructed in Ottawa, Ontario, Campeau built a large land development corporation around the development of the suburb of Kanata. Expansion in the U.S. led Campeau to diversify into the ownership of retail department stores to anchor commercial development projects. The Campeau Corporation used leveraged buyouts to buy the department stores and went bankrupt when it could not maintain the debt payments.
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