All
 

 

Just in:  

You are here: Home»Business»Industries & Sectors»German retailer Metro sells Real unit for 1.1bn euros

storeFRANKFURT: German retailer Metro said on Friday it had agreed to sell the eastern European operations of its Real supermarket division to French rival Auchan for 1.1 billion euros ($1.4 billion).

 

Metro said in a statement it had signed an agreement with the French retailer to "take over the operational activities and real estate assets of Real in Poland, Romania, Russia and Ukraine" in a deal valued at 1.1 billion euros.

 

Copyright AFP (Agence France-Presse), 2012


 



 
Index Closing Chg%
Arrow DJIA 17,827.75 0.07
Arrow Nasdaq 4,787.32 0.61
Arrow S&P 2,072.83 0.28
Arrow FTSE 6,729.17 0.03
Arrow DAX 9,915.56 0.55
Arrow CAC-40 4,373.42 0.20
Arrow Nikkei 17,383.58 0.14
Arrow H.Seng 24,111.98 1.12
Arrow Sensex 28,386.19 0.17






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln