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Announced

EPGC to acquire a 12.47% stake in METRO.

Synopsis

EPGC, an acquisition entity owned by Daniel Kretinsky and Patrik Tkac, agreed to increase its stake in Metro, a multinational wholesale, to 29.99%. Financial terms were not disclosed. The increase underlines the commitment of EPGC to Metro as a responsible strategic investor. The company will also seek appropriate representation on the Supervisory Board of Metro and retains a call option to acquire further ordinary shares from Haniel.

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