In Düsseldorf, the last act is probably about the battered hypermarket chain. For Valentine’s Day – on February 14, 2020, Metro boss Olaf Koch is to announce the real sale. Then the Ordinary General Meeting of Metro AG will take place in the Düsseldorf Congress Center. The contract should be signed by the end of January. –
According to CHIP information, almost 40 branches are to continue operating under the Real name. Industry voices confirm this number. Metro AG did not want to comment on or deny the number. Understandable, after all, the company is in a sales process.
The four flagship stores in Balingen, Krefeld, Aschaffenburg and Braunschweig are probably among the branches that will continue to operate under the Real name. It is unclear who will take over the operational business of the almost 40 remaining real markets.
Industry insiders speculate that Metro will stay on the ball for a small transition phase before finding a buyer.
–
