German retailer Metro AG said on Tuesday that fourth-quarter profit rose 12 percent as the company boosted sales, but reported a fall in full-year earnings and said it was considering selling its Kaufhof department stores. For details, please refer to the. This cookie is used to identify anonymously reoccuring visits of a visitor. The data is collected and analysed anonymously. This cookie stores the filters entered or selected by the visitor to perform search requests. This cookie stores the filters selected by the visitor for the news overview. This cookie stores the state of the disclaimer. We set ourselves high standards – economically, environmentally and socially. METRO has clearly endorsed a ratification of the UN Convention against Corruption in the interests of responsible lobbying. The companies are working with advisers, though discussions are at an early stage and may not lead to a transaction, the people said. You can find more information under Data Privacy and can adjust the settings for cookies there at any time. Updates with Kretinsky, Meridian, Beisheim, analyst comments from seventh paragraph. The group is headed by METRO AG, which acts as the central management holding company. And to mistakes, which we learn from. Sysco, the largest North American food-service distributor, has been looking to Europe for growth after a blocked attempt to buy domestic competitor US Foods Inc. in 2015. According to National Centre for Seismology an earthquake of magnitude 5.4 on the Richter scale hit Ladakh at 4:27 pm today. Dear visitor, in order to offer you the best possible service, cookies are used on this website. Crossing that threshold would require him to launch an offer for the rest of the company. Sensei uses overhead cameras and artificial intelligence software to detect what’s picked off shelves and calculate the bill. This cookie stores the filters selected by the visitor for the legal annoucements overview. On cooperation. For continuous improvement of our offers and services we invite visitors of our website to rate their user experience. The run period of these cookies does not exceed 6 months. We cultivate long-term business relationships and establish sustainable networks. Metro Cash & Carry India, the arm of Europe's second largest retailer Metro AG, would invest around Rs 300 crore in two stores in Kolkata and Mumbai. — With assistance by Deena Shanker, and Ed Hammond, Potential deal would be U.S. food distributor’s biggest-ever, Sysco expressed interest last year, made new approach recently. As of 2020 it operates around 670 stores in 24 countries in Europe and Asia. We meet the customer at eye level and make every effort to clearly understand their wishes. The delivery business includes the METRO delivery service as well as the delivery specialists Classic Fine Foods, Pro à Pro and Rungis Express. In 2007, we passed a group-wide Compliance Programme to ensure compliance with these rules in our day-to-day business practice. They closed up 19% in Frankfurt, giving the company a market value of about 4.5 billion euros ($5 billion). This cookie stores the filters selected by the visitor for the media overview. For details, please refer to the privacy policy of siteimprove. Kretinsky has built a portfolio that includes energy and media assets as well as the Sparta Prague soccer team. -1.20 -2.01% Sysco Corp. has approached German wholesaler Metro AG about a potential takeover, as the U.S. food distribution giant explores ways … This means that we have undertaken to observe the register’s code of conduct. We are driven by results in our thinking and actions. Share page via E-mail; Copy link to clipboard. For investors. Siteimprove Analytics cookies contain no personal information and are used only for anonymized web analytics. We are partners and advocates.
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