FRANKFURT May 15 Erich Kellerhals, the minority
owner and founder of Media-Saturn Holding GmbH, plans to buy
back the electronics chain from German retailer Metro,
Sueddeutsche Zeitung said in its Thursday edition.
"We have thoroughly calculated and worked everything out,"
the German newspaper said in comments it attributed to
Kellerhals. "Funding is not the issue, particularly since I have
interested investors," Kellerhals told the paper.
Metro, the majority owner of the Media-Saturn
chain has been wrangling for years with Kellerhals, who still
owns a 22 percent stake, delaying the chain's entry into
e-commerce. Media-Saturn accounts for a third of Metro Group's
(Reporting by Monica Raymunt; Editing by Sophie Walker)