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After 19 years, Metro AG to sell Indian operations for up to $1.7 billion

German retailer Metro AG plans to cash out of India business for around $1.5-1.75 billion, according to a media report. Among those in discussions to buy the Indian cash-and-carry operations are Amazon, Charoen Pokphand (CP) Group, Reliance Retail, Avenue Supermarts, Tata Group, Lulu Group, and PE fund Samara Capital, a report in The Economic Times said. ....

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Companies exposed to Russia brace for new sanctions

Renault's carmaker Avtovaz, Finland's Nokian Tyres, soft-drink bottler Coca-Cola HBC, and German retailer Metro all say they are watching the Ukraine situation closely ....

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Companies exposed to Russia brace for new sanctions

Foreign companies with exposure to Russia were poring over contingency plans on Tuesday, with some looking at whether to shift production or find new supply chains to shield their businesses from new Western sanctions. Renault's carmaker Avtovaz, Finland's Nokian Tyres , soft-drink bottler Coca-Cola HBC and German retailer Metro all said they were watching the Ukraine ....

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