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STEFFEN GREUBEL
Companies find it's not so simple to leave Russia; some quietly stay putCompanies that expressed intentions to leave Russia after it invaded Ukraine are finding the process far more difficult than they had initi...- METRO AG completes sale of its Indian operations to Reliance RetailMETRO AG has completed the sale of its Indian operations, including all 31 wholesale stores and the entire real estate portfolio (6 store-o...
- What makes some MNCs exit IndiaThe dynamics in India’s various sectors are changing, with homegrown players having a dominant presence and MNCs’ having a reduced play. Fo...
- Reliance Retail to pick up Metro's India biz for ₹2,850 croreAs part of the deal, Reliance will get 31 large format stores in 21 cities as well as the realty portfolio that includes six store-occupied...
- Reliance acquires Metro AG's India business for Rs 2,850 croreThrough this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, ...
- Reliance may acquire Metro AG's India business at a value of less than $500 millionThe move will help Reliance Retail – the retail unit of the conglomerate -- to consolidate its presence in the B2B trade segment which it h...
- Metro AG global CEO Steffen Greubel hints at exiting IndiaThe German wholesaler grew its Indian business by 21% to $982 million during the year ended September, as per its latest annual report. Las...
- Metro AG reviewing cash & carry business in IndiaMetro has appointed consultancy firm Bain & Company to identify options and the final decision is likely to be taken in the next two to thr...
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