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Metro Putting Sale of Real Supermarket Chain on Hold, FTD Says

Metro AG has put the sale of its Real supermarket chain on hold due to the impending departure of Chief Executive Officer Eckhard Cordes, Financial Times Deutschland reported ahead of publication tomorrow, citing people familiar with the situation.

A spokesman for Metro confirmed that the company is currently not in talks with anyone about the chain, the newspaper said.

To contact the reporter on this story: Allison Connolly in Frankfurt at aconnolly4@bloomberg.net.

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net.

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