EP Global Commerce to acquire the remaining 50.01% stake in Metro for €2bn.

EP Global Commerce, an acquisition entity controlled by Daniel Křetínský, agreed to acquire the remaining 50.01% stake in Metro, a German multinational food wholesaler, for €2bn. “As a long-term strategic investor in METRO AG we fully support the Management Board lead by Dr. Steffen Greubel and their transformation effort. Delisting is a logical step that reflects the current difficult situation of METRO as publicly listed company expected to deliver on short term results while implementing the long-term sCore strategy. EP Group welcomes signing of the delisting agreement with METRO AG and is committed together with the management team to transform the company into successful food and non- food wholesaler with high quality products and services for its customers,” Daniel Křetínský, EP Global Commerce Founder.