METRO AG / Disposal
17.01.2008
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Düsseldorf, 17 January 2008 After having reviewed various strategic
op-tions, METRO Group has decided to sell Extra and thus focus its food
retail-ing activities further. Today, with effect of 1 July 2008, 245 Extra
supermarkets with sales revenue of c.1.6bn were sold to Rewe Group. With
this sale, METRO Group will reduce its balance sheet net debt by c.350m.
The transaction is subject to the approval of the competent boards and the
anti-trust authorities.
DGAP 17.01.2008
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Language: English
Issuer: METRO AG
Schlüterstr. 1
40235 Düsseldorf
Deutschland
Phone: +49 (0)211 6886-1936
Fax: +49 (0)211 6886-3759
E-mail: investorrelations@metro.de
Internet: www.metrogroup.de
ISIN: DE0007257503, DE0007257537, Weitere: www.metro.de/investor relations
WKN: 725750, 725753, Weitere: www.metro.de/investor relations
Indices: DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Düsseldorf;
Freiverkehr in Berlin, Hannover, München, Hamburg, Stuttgart;
Terminbörse EUREX; Foreign Exchange(s) SWX
End of News DGAP News-Service
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DGAP-Adhoc: METRO AG:METRO Group sells Extra Supermarket Chain
| Source: EQS Group AG