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Retail: Metro wants to sell Real to X-Bricks consortium


TIME ONLINE | News, backgrounds and debates

Dusseldorf (dpa) - turnaround at the sale of the supermarket chain Real: After a months-long hanging game, the retail group Metro will no longer sell the ailing business to a consortium to the real estate company Redos. Instead, the Group has now signed a letter of intent with the second interested party, a consortium to the investor X-Bricks. This was announced by the company in Düsseldorf. The agreed concept envisages a sale of Real as a whole without return from Metro.

Source: zeit

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