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Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents
Provider: Thomson Reuters StreetEvents

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Metro AG Eyes Piecemeal Sale Of Real Ops-Reuters

Wednesday, 31 Oct 2012 06:12am EDT 

Reuters reported that Metro AG is considering splitting the international side of its Real hypermarkets into separate country units to make a potential sale of the division easier. Chief Executive Olaf Koch had said on October 30, 2012 that the retailer was assessing all options for Real. Real has 420 stores, 312 of which are in Germany. Outside its home market, Real has stores in Poland, Russia, Romania, Turkey and Ukraine. Metro declined to comment. 

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0.055 +0.21%
15 Aug 2014