Brief: Metro Sells Its Belgian Operations

Metro AG

15/06/2022 13:44

June 15 (Reuters) - METRO AG  B4B.DE :
    * METRO SELLS ITS BELGIAN OPERATIONS
    * METRO CONFIRMS ITS SALES AND EBITDA ADJUSTED OUTLOOK FOR
FY
2021/22 AND THE MID-TERM TARGETS
    * HAS DECIDED TO SELL ITS BELGIAN OPERATIONS MAKRO CASH &
CARRY
BELGIUM N.V. (INCLUDING METRO AND MAKRO SALES LINES AS WELL AS
METRO DELIVERY SERVICE N.V.) TO BRONZE PROPERTIES S.À R.L.
    * TRANSACTION WILL LEAD TO APPROX. €150 MILLION TRANSACTION
LOSS
AND APPROX. €20 MILLION RECURRING EBITDA UPLIFT


Further company coverage:  B4B.DE 

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