The days of the wholesale group Metro on the stock exchange are counted: The Federal Financial Supervisory Authority (BaFin) has approved the Czech billionaire and major shareholder Daniel Krtinsky, as his Holding EP Global Commerce (EPGC) in Grünwald announced.
The offer with the aim of taking Metro off the stock exchange will start with today and end on April 16. Delisting is expected to be effective at the end of the acceptance period, it said.
EPGC had made his project known in early February. As is known, the offer price for the remaining shares is 5.33 euros per share. Most recently, Kretinsky held 49.99 percent of the metro shares. The other two major shareholders, Meridian and Beisheim, remain involved in the Düsseldorf wholesaler. The two start-up families Beisheim and Schmidt-Ruthenbeck stick to Metro 24.99 percent through their holding companies.