Actually, Metro wanted to complete the sale by the end of January, but the negotiations continued. Now the Russian-German consortium has submitted the takeover plans of the EU competition Commission. A Metro spokesman confirmed to the news Agency Reuters: "The talks between the Metro and the SCP Group are not so far advanced."

Together with the Frankfurt real estate investor x+Bricks, the Russian company wants to take over SCP Real completely.

Indirectly, the Plan of a smashing equal. The 276 Real-markets are closed in Parts or sold. Only 50 branches to continue for the time being, under the name of Real. Is possible that another hypermarket chain, is taking over the operative business of these markets. Nothing has been decided yet.

Metro wants to focus on the wholesale trade. According to CHIP information, a possible transition phase is part of the current negotiations. Metro could operate for a certain period of time, these stores until you have found a buyer.

one Particularly controversial aspect, a different number appears. A two-digit number of branches will be closed. According to the current state it is just 40 shops. For these stores, no buyers have been found, or the sales area to be used for other purposes – such as a logistics center or for the construction of apartments.

the majority of the markets and nearly 100 shops to go to the country of purchase. Klaus Gehring, CEO of the Black group to belong to the Lidl and Kaufland, had already expressed the public interest and emphasized to the investment figures. The staff wants to deal with buying land there, however, it is also from a company of Lidl-sister circles, that many Real-need to be rehabilitated markets and rebuilt.

This should be for a certain period of time withdrawn from the network and the operational side of the business to rest. Another package of branches to grab Edeka. The rest of the stores will be rented at home improvement centers, fitness studios or furniture stores.

This article also appears on CHIP.de