Metro AG (B4B.DE)
15 Oct 2018
Thu, Oct 4 2018
FRANKFURT Family-owned German investment group Haniel [FHANI.UL] said on Thursday that it had transferred a 7.3 percent stake in retailer Metro AG [B4B.DE] to a Czech-Slovak investor group, after receiving antitrust clearance.
FRANKFURT, Oct 4 Family-owned German investment group Haniel said on Thursday that it had transferred a 7.3 percent stake in retailer Metro AG to a Czech-Slovak investor group, after receiving antitrust clearance.
BERLIN German retailer Metro AG plans to sell its struggling Real hypermarkets and is confident of interest in the chain, though bankers played down talk it might attract Amazon and a price tag of up to 1 billion euros ($1.2 billion).
* Move to sell Real not linked to new investor in Metro -CEO (Adds HSBC analyst upgrade)
BERLIN, Sept 14 German retailer Metro AG previously had contact with potential buyers for its struggling Real hypermarkets so it is optimistic its decision to put them for sale will be met with interest, chief executive Olaf Koch said on Friday.
FRANKFURT German retailer Metro AG has decided to sell its struggling Real hypermarkets to focus on its wholesale business, the company said in a statement on Thursday.
* Ceconomy shares gain more than 4 pct (Adds analyst comment, background)
BERLIN Shares in Metro AG jumped on Monday as Ceconomy announced it may join family-owned Haniel [FHANI.UL] in selling a stake in the German retailer to an investor group led by Czech billionaire Daniel Kretinsky.
* Czech-Slovak investor group could buy more (Recasts, adds details on deal)
FRANKFURT, Aug 24 Family-owned German investment group Haniel has agreed to sell a 7.3 percent stake in retailer Metro AG to the Czech Republic's EP Global Commerce (EPCG) for an undisclosed sum, it said on Friday.