Metro sells stake in Booker

Source: seebiz.eu Wednesday, 17.09.2014. 14:35
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The biggest German trader, Metro, is planning to sell a stake at Booker Group Plc (BOK) for USD 350 m since the share of the British food chain upped by 70% in the past two years, , Bloomberg reports.

Metro will offer the remaining stake, totaling USD 156,6 m, to an investor JPMorgan Chase & Co, it was stated at the announcement for the public.


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