Metro AG has announced that its chief financial officer Christian Baier has stepped down as he wishes to pursue professional opportunities outside the organisat.
Reliance Retail Ventures Limited has completed definitive agreements to acquire 100 per cent equity stake in Metro Cash and Carry India Pvt Ltd for a total cash consideration of Rs 2,850 crore, subject to closing adjustments.
Reliance Industries Ltd. agreed to buy Metro AG’s Indian unit for $344 million (28.5 billion rupees) as the nation’s biggest retailer run by billionaire
German multinational company Metro AG based in Düsseldorf is planning to exit the Indian market 19 years after its first entry, says a report. It says Metro AG's global chief executive officer Steffen Greubel is at a "very advanced" level of talks over its business in India and for the first time, considering an exit from the Indian market soon.
Investegate announcements from METRO AG, Release according to Article 41 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution