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Metro AG (B4B.DE)

B4B.DE on Xetra

15.57EUR
21 Jul 2019
Change (% chg)

€-0.15 (-0.95%)
Prev Close
€15.72
Open
€15.72
Day's High
€15.72
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€15.45
Volume
764,043
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906,307
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€16.35
52-wk Low
€10.02

Latest Key Developments (Source: Significant Developments)

Talks Over Metro's Real Are Progressing Well, Redos Chief Tells Magazine
Thursday, 4 Jul 2019 12:05am EDT 

July 4 (Reuters) - Redos chief tells German business weekly Wirtschaftswoche: :TALKS ON TAKEOVER OF METRO'S REAL HYPERMARKETS ARE PROGRESSING WELL .  Full Article

Metro AG Says EP Global Commerce's Unsolicited Offer Substantially Undervalues Metro
Sunday, 23 Jun 2019 04:51am EDT 

June 23 (Reuters) - Metro AG ::EP GLOBAL COMMERCE'S UNSOLICITED OFFER SUBSTANTIALLY UNDERVALUES METRO.MANAGEMENT BOARD OF METRO ACKNOWLEDGES INTENTION OF EP GLOBAL COMMERCE VI GMBH TO MAKE VOLUNTARY PUBLIC TAKEOVER OFFER FOR ALL OF CO'S SHARES.METRO WILL COMMENT ON UNSOLICITED OFFER ONCE FULL OFFER DOCUMENT IS AVAILABLE.MANAGEMENT BOARD BELIEVES OFFER OF EUR 16 FOR EACH ORDINARY METRO SHARE AND EUR 13.80 PER PREFERENCE METRO SHARE UNDERVALUES CO.ADVISE SHAREHOLDERS NOT TO TAKE ACTION PRIOR TO REASONED STATEMENT WITH RESPECT TO OFFER TO BE ISSUED BY MANAGEMENT BOARD AND SUPERVISORY BOARD..  Full Article

EP Global Commerce Announces Voluntary Public Takeover Offer For Metro AG
Friday, 21 Jun 2019 03:17pm EDT 

June 21 (Reuters) - EP Global Commerce GmbH: :DGAP-NEWS: EP GLOBAL COMMERCE ANNOUNCES VOLUNTARY PUBLIC TAKEOVER OFFER FOR METRO AG.EP GLOBAL COMMERCE - OFFER FOR METRO PROVIDES FOR A CASH PAYMENT OF EUR 16.00 FOR EACH ORDINARY SHARE AND EUR 13.80 FOR EACH PREFERENCE SHARE.EP GLOBAL COMMERCE - BIDDER DOES NOT INTEND TO TERMINATE EXISTING SHOP AGREEMENTS AND COLLECTIVE BARGAINING AGREEMENTS IN GERMANY.EP GLOBAL COMMERCE - CO HAS FULL SUPPORT OF KEY SHAREHOLDER HANIEL AND HOLDS CALL OPTION FROM CECONOMY.EP GLOBAL COMMERCE - INTENDS TO SUPPORT METRO IN NEED TO ACCOMMODATE TO DEVELOPING MARKET ENVIRONMENT; THUS ENABLE A SUCCESSFUL FUTURE GROWTH STRATEGY.EP GLOBAL COMMERCE - BIDDER HAS CLEAR GROWTH STRATEGY, NO INTENTIONS TO CLOSE METRO STORES IN GERMANY OR TO MOVE HEADQUARTERS FROM DÜSSELDORF.EP GLOBAL COMMERCE - OFFER CORRESPONDS TO AN EQUITY VALUE FOR ALL METRO SHARES OF EUR 5.8 BILLION.EP GLOBAL COMMERCE - COMMITTED TO KEEP METRO HEADQUARTERS IN DÜSSELDORF AND PLANS TO FULLY SUPPORT FUTURE GROWTH OPPORTUNITIES OF COMPANY.  Full Article

Metro: No Agreements To Give Real Branches To Competitors
Thursday, 9 May 2019 04:59am EDT 

May 9 (Reuters) - Metro AG in earnings call::THERE ARE NO PRELIMINARY AGREEMENTS TO GIVE REAL BRANCHES TO COMPETITORS.  Full Article

Metro CEO Says Will Limit Financial Risks From Hypermarkets Deal
Thursday, 9 May 2019 03:31am EDT 

May 9 (Reuters) - Metro AG CEO::STILL SEE IMPROVEMENTS COMING IN RUSSIAN BUSINESS.PROCESS OF FINDING PARTNER IN CHINA GOING WELL.INTEREST IS SIGNIFICANT IN CHINA PARTNERSHIP, WILL HAVE MORE NEWS IN AUGUST.WE WILL CLEARLY LIMIT FINANCIAL RISKS FROM REAL DEAL.  Full Article

Metro in exclusive talks on sale of Real to Redos consortium
Wednesday, 8 May 2019 12:14pm EDT 

May 8 (Reuters) - Metro AG ::SAYS IN EXCLUSIVE NEGOTIATIONS ON SALE OF REAL.SAYS AGREEMENT PROVIDES THAT REAL SHALL BE SOLD TO REDOS AS A WHOLE..SAYS METRO AG SHALL INITIALLY RETAIN A PARTICIPATION OF 24.9% IN OPERATIVE BUSINESS OF REAL.SAYS HAS A PUT OPTION THAT SHALL BE EXERCISABLE AT EARLIEST AFTER THREE YEARS.SAYS CURRENT STATUS OF NEGOTIATIONS IMPLIES AN ENTERPRISE VALUE OF APPROXIMATELY EUR 1 BILLION.SAYS METRO AG WILL IMPAIR VALUE OF HYPERMARKET BUSINESS IN AMOUNT OF EUR 385 MILLION IN ITS HALF-YEAR FINANCIAL ACCOUNTS.SAYS AIM IS TO CONCLUDE A SALE AGREEMENT ("SIGNING") ON BASIS OF AN IN-DEPTH DUE DILIGENCE IN SUMMER 2019.SAYS CLEARANCES BY ANTI-TRUST AND REGULATORY AUTHORITIES WOULD BE REQUIRED.  Full Article

Real Works Council Head: Markant Could Be Strategic Investor For Us
Wednesday, 10 Apr 2019 08:45am EDT 

April 10 (Reuters) - Head of Metro AG's Real hypermarkets chain tells Reuters::SEPARATELY SELLING REAL'S BUSINESS AND REAL ESTATE PORTFOLIO MORE POSITIVE THAN ALL OTHER PLANS THAT ARE KNOWN.MARKANT COULD BE A STRATEGIC INVESTOR FOR REAL.HE CANNOT CONFIRM MEDIA REPORT SAYING REAL'S BUSINESS COULD BE SOLD FOR 99 MILLION EUROS WHILE METRO WOULD INJECT 300 MILLION EUROS INTO REAL.WE WILL OFFER OUR HELP TO AN INVESTOR WILLING TO RESCUE THE BUSINESS.  Full Article

Yonghui Superstores Has Preliminary Contact With Metro, No Consensus Reached
Wednesday, 20 Mar 2019 07:56am EDT 

March 20 (Reuters) - Yonghui Superstores Co Ltd <601933.SS>::SAYS IT HAS PRELIMINARY CONTACT WITH METRO <<>> BUT DOES NOT HAVE MATERIAL DISCUSSIONS ON BIDDING FOR METRO'S CHINA OPERATIONS, CLARIFYING MEDIA REPORT.SAYS IT AND METRO HAVE NOT REACHED ANY CONSENSUS, NOR SIGNED ANY DOCUMENTS.  Full Article

Metro CEO: Real Hypermarkets Should Be Sold By June
Friday, 15 Feb 2019 05:14am EST 

Feb 15 (Reuters) - Metro AG CEO: :REAL SHOULD BE SOLD BY JUNE, THERE ARE ENOUGH INTERESTED PARTIES.  Full Article

BAWAG And Metro Austria Agree On Strategic Partnership
Monday, 15 Oct 2018 04:47am EDT 

Oct 15 (Reuters) - Bawag Group AG ::BAWAG AND METRO <<>> AUSTRIA AGREE ON STRATEGIC PARTNERSHIP IN RETAIL BUSINESS.COLLABORATION TARGETED AT ACCOUNT PRODUCTS AND CREDIT CARDS FOR SELF-EMPLOYED, FREELANCERS AND SME FOR PROCESSING OF PAYMENT TRANSACTIONS FOR METRO CUSTOMERS COMBINED WITH ADVANTAGES FOR PURCHASES AT METRO.  Full Article

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Germany's Metro to expect at least eight second-round bids for China unit: sources

HONG KONG At least eight suitors are preparing second-round bids to buy a majority stake in German wholesaler Metro AG's Chinese operations, Reuters learned from people directly involved in the matter, as suitors vie for heft in a changing offline landscape.