Tuesday 9 July 2013

Metro Group finalizes deal on sale of Real hypermarkets to France's Groupe Auchan

"Germany's Metro Group has finalized a deal on the sale of the real,- hypermarket chain to France's Groupe Auchan for EUR 1.1 billion, the Kyiv office of Schoenherr law firm, which acted as an advisor of Germany's Hengeler Mueller, an independent law advisor of Metro Group.

Metro will transfer 91 real,- hypermarkets in Poland, Russia and Ukraine and 13 retail galleries in Russia and Romania to the French group.

As reported, the deal was inked on November 30, 2012. It is considered one of the largest deals on the M&A market in 2012."

'via Blog this'

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