28 July 2000


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Metro, brief company description



 

Tesco is seeking money to buy Real?

Speculations around Metro and its hypermarket chain Real continue. Once again, British retail multinational Tesco is said to be preparing for a bid. The company is told to be raising funds for this purpose. Only recently, the three families which own two thirds of Metro tried to put an end to any speculations about a sale. Then it was Wal-Mart, the U.S. retail giant, which was said to be negotiating a take-over of the whole company.