Metro Putting Sale of Real Supermarket Chain on Hold, FTD Says
By Allison Connolly -
2011-11-03T19:04:38Z
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.
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.