April 13, 2018 / 12:46 PM / 11 days ago

BRIEF-Ceconomy Says Decision On Potential Transaction Of Russian Retail Business Not Made Yet

April 13 (Reuters) - CECONOMY AG:

* COMMENTS ON RUMOR CONCERNING POTENTIAL TRANSACTION OF RUSSIAN RETAIL BUSINESS

* MEDIA-SATURN-HOLDING GMBH CURRENTLY IN DISCUSSIONS WITH M.VIDEO ABOUT A POTENTIAL DISPOSAL OF RUSSIAN RETAIL BUSINESS OF MEDIA-SATURN-GROUP

* DECISION IF TRANSACTION WILL BE PURSUED HAS NOT YET BEEN MADE

* IF AND TO WHICH CONDITIONS TRANSACTION WILL BE SIGNED IS UNCERTAIN AT THIS POINT IN TIME

* CONCURRENT ACQUISITION OF MINORITY STAKE IN M.VIDEO BY A MEDIA-SATURN-GROUP COMPANY IS ALSO IN DISCUSSION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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