Metro

Makro Portugal Targets €400m Turnover By 2020

The Portuguese subsidiary of wholesaler Metro AG is expected to achieve a €400 million turnover per annum by next year, if not sooner. Speaking to...

Germany's Metro Says €5.8bn Bid 'Substantially Undervalues' Company

Metro AG has said that an unsolicited offer by two prominent investors to take over the German wholesaler 'substantially undervalues' it and advised shareh...

Metro Rolls Out 62 Electric Charging Stations In Düsseldorf

German wholesaler Metro has added 62 new electric vehicle charging stations in its Düsseldorf outlet for employees, guests, and customers. The new...

Metro To Expect At Least 8 Second-Round Bids For China Unit: Sources

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 peo...

With Real Out Of The Way, Metro Can Now Focus On Core Business: Analysis

The news yesterday evening that Metro AG has found a buyer for its hypermarket business is likely to be welcomed both by the group's shareholders and by to...

Metro In Exclusive Talks To Sell Real Hypermarkets To Redos

Metro is in exclusive talks to sell its Real hypermarkets to a consortium led by real estate investor Redos, the German retailer said on Wednesday, adding...

Metro And Target Commence Joint Retail Accelerator Programme

Metro and Target have teamed up to start the 'Metro Target Retail Accelerator, Certified by Techstars' programme, which will see the two retailers offer ni...

Metro Considers Paying Money To Shed Hypermarkets: Handelsblatt

German retailer Metro is considering effectively paying more than €200 million ($225 million) to divest its loss-making Real hypermarkets, Handelsblat...