Brief: Metro Acquires 25% Stake In Kosik

Metro AG

11/01/2023 09:06

Jan 11 (Reuters) - Metro AG  B4B.DE :
    * STRENGTHENS SUCCESSFUL COOPERATION WITH EGROCERY BUSINESS
KOŠÍK
IN CENTRAL AND EASTERN  EUROPE
    * AS KOŠÍK'S KEY FOOD SUPPLIER IN THE CZECH REPUBLIC AND
BULGARIA,
 METRO HAS BECOME A 25% SHAREHOLDER IN EXCHANGE FOR GRANTING
FULL  ACCESS TO ITS SOURCING CAPABILITIES AND STORE NETWORK
POTENTIAL
    * STAKE CAN BE INCREASED TO UP  TO 30% IF KOŠÍK EXPANDS ITS
OFFERING INTO OTHER CENTRAL OR EASTERN EUROPEAN  MARKETS IN
COOPERATION WITH METRO
    * METRO CONFIRMS ITS SALES AND EBITDA ADJUSTED OUTLOOK FOR
FY 
2022/23 AND THE MID-TERM AMBITIONS

Source text for Eikon:  ID: 
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