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Metro Inc (MRU.TO)

MRU.TO on Toronto Stock Exchange

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Thu, May 9 2019

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Metro shares hit by falling Russia sales, Real sale worries

BERLIN Shares in Metro fell sharply on Thursday after the German wholesale group reported another quarter of falling sales at its Russian business and an impairment charge on the Real hypermarkets chain it is selling.

Metro shares hit by falling Russia sales, Real sale worries

BERLIN Shares in Metro fell sharply on Thursday after the German wholesale group reported another quarter of falling sales at its Russian business and an impairment charge on the Real hypermarkets chain it is selling.

UPDATE 1-Metro shares hit by falling Russia sales, Real sale worries

BERLIN, May 9 Shares in Metro fell sharply on Thursday after the German wholesale group reported another quarter of falling sales at its Russian business and an impairment charge on the Real hypermarkets chain it is selling.

Metro sales fall again in Russia, hypermarkets

BERLIN, May 9 German wholesaler Metro on Thursday reported another quarter of falling sales at its Russian business and the Real hypermarkets it is in the process of selling, although the rest of eastern Europe grew rapidly.

Metro in exclusive talks to sell Real hypermarkets to Redos

DUESSELDORF/FRANKFURT Metro is in exclusive talks to sell its Real hypermarkets to a consortium led by real estate investor Redos, the German retailer said on Wednesday, adding it was taking a 385 million euro (331.13 million pounds) impairment charge on the loss-making chain.

Metro in exclusive talks to sell Real hypermarkets to Redos

DUESSELDORF/FRANKFURT Metro is in exclusive talks to sell its Real hypermarkets to a consortium led by real estate investor Redos, the German retailer said on Wednesday, adding it was taking a 385 million euro ($431 million) impairment charge on the loss-making chain.

UPDATE 2-Metro in exclusive talks to sell Real hypermarkets to Redos

* Metro's Q2 results due on Thursday (Adds Metro confirming Reuters exclusive)

Metro seen entering exclusive talks with Redos over real hypermarkets -sources

DUESSELDORF/FRANKFURT, May 8 German retailer Metro is expected to shortly enter exclusive talks with a consortium led by real estate investor Redos over a sale of Metro's hypermarket chain Real, people close to the matter said on Wednesday.

Redos in talks with Metro on potential Real hypermarkets deal -sources

DUESSELDORF, May 8 Germany retailer Metro remains in talks with a consortium led by real estate investor Redos over a potential sale of Metro's hypermarket chain Real, sources close to the matter said on Wednesday.

Haniel: We intend to keep our stake in Ceconomy

BERLIN, April 10 German family-owned investment group Haniel on Wednesday said reducing its stake in Metro didn't mean the company intended to divest its stake in electronics retailer Ceconomy, which split from Metro in 2017.

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