Benrather Straße 18-20
40213 Düsseldorf, de
+49 (211) 688642-52
EP Global Commerce's Unsolicited Offer Substantially Undervalues METRO
The offer price represents a premium of about 3% over the closing price of ordinary shares of Friday, 21 June. The Management Board of METRO strongly believes that the offer of EUR 16.00 for each ordinary METRO share and EUR 13.80 per preference METRO share substantially undervalues the company and does not reflect its value creation plan. METRO’s management is continuing to take decisive actions to transform the wholesale and food specialist and effectively position it for the changing market environment with the objective to drive sustainable long term value creation. We advise our shareholders not to take action prior to the reasoned statement with respect to the offer to be issued by the Management Board and the Supervisory Board.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to email@example.com.