METRO GROUP sells Galeria Kaufhof including all locations in Germany and Belgium to the Canadian Hudson’s Bay Company for EUR 2.825 billion

Closing date of transaction 30 September 2015 Transaction value: €2.825 billion Net cash inflow of €1.75 billion for (today’s) end of METRO AG’s financial year as at 30.09.2015 Rating-relevant net debt reduced by €2.85 billion Düsseldorf, Germany, 2015-10-1 — /EPR Retail News/ — METRO GROUP successfully concludes the sale of Galeria Kaufhof including all locations in […]