Possible buyer for Metro International

In a press release Metro International said that its main shareholder Kinnevik has “received a preliminary indication of interest from a potential acquirer of Metro International.”

The bid might have consequences for the financing plan Metro is proposing. This plan will be discussed at the general shareholders meeting, to be held the 24th of February. The bid might lead to a postponement of a decision on the new financing plan according to Metro.

Kinnevik is believed to be the main provider of funds for the plan.

According to Metro:

“At this stage there is no certainty that this will lead to a public offer for Metro International, and the Board of Directors of Metro International is not in a position to express any view on the potential bid. Further communication will be made in due course.”

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