Metro Group has interest from three retailers for Russian hypermarkets

According to Russian business daily Kommersant (25 October 2012), Germany’s Metro Group has found three possible buyers for its 18 Real hypermarkets in Russia – Auchan, O’Key and Lenta.

Metro is seeking up to USD 600 million for the hypermarkets, which generated total revenues of USD 900 million in 2011 and have debts of approximately USD 300 million.

 

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