Metro is exploring partnership in China

Publication

12 December 2018 à 14h23

Updated on 10 May 2019 à 16h29

Reading time

1 minute

Publication: 12 December 2018 à 14h23, Updated on 10 May 2019 à 16h29

Reading time: 1 minute

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Publication

12 December 2018 à 14h23

Updated on 10 May 2019 à 16h29

Reading time

1 minute

Publication: 12 December 2018 à 14h23, Updated on 10 May 2019 à 16h29

Reading time: 1 minute

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Metro AG, the German big-box retailer and wholesaler is exploring options such as selling a minority stake or finding a strategic partner for its Chinese business. Metro China has been very profitable and growing constantly. The business could be worth about US$1.5 billion, based on earnings and the valuations of its rivals. Including real estate, the Chinese unit could be valued at more than $2billion

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