On 30 March, the group announced its intention to split into two different units: on the one hand, the food retailing arm, gathering the Metro/Makro Cash&Carry business as well as the Real hyper and supermarkets and, on the other, the Media Markt/Saturn consumer electronics retail business. METRO AG shareholders would receive shares in both companies in proportion with their existing holdings. The transaction requires the Board’s and shareholders’ approvals and should be compl

05 Apr 2016
Eventually 1+1 should equal a bit more than 2

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Eventually 1+1 should equal a bit more than 2
On 30 March, the group announced its intention to split into two different units: on the one hand, the food retailing arm, gathering the Metro/Makro Cash&Carry business as well as the Real hyper and supermarkets and, on the other, the Media Markt/Saturn consumer electronics retail business. METRO AG shareholders would receive shares in both companies in proportion with their existing holdings. The transaction requires the Board’s and shareholders’ approvals and should be compl