After 19 years, Metro plans to cash out of India business for $1.5-1.75 billion - Economic Times


5/19/2022 12:00:00 AM2 years 11 months ago
by Arijit Barman and Chaitali Chakravarty

Metro has been operating its nationwide chain of 31 cash-and-carry stores since 2003 but intense competition and large investments to sustain operations forced the Dusseldorf-headquartered multinational to first undergo a detailed business review and then cho…

Worlds largest retailer Amazon, Thailands largest conglomerate Charoen Pokphand (CP) Group, Reliance Retail, which runs the DMart chain, Tata Group, Lulu Group, and PE fund Samara Capital are among t… [+5029 chars]

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