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METRO AG Metro-Straße 1 40235 Düsseldorf, Germany http://www.metrogroup.de
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METRO AG

Demerger of METRO GROUP still planned for the middle of the year - Court allows swift implementation

(PresseBox) (Düsseldorf, )
The Higher Regional Court of Düsseldorf (Oberlandesgericht) has ruled that the actions for rescission or annulment (Anfechtungsund Nichtigkeitsklagen) brought by a few shareholders against the demerger of METRO GROUP approved by the Annual Shareholders Meeting of METRO AG do not preclude the implementation of the demerger. These were deemed as evidently unfounded by the court. In relation to the declaratory acts brought against the validity of the demerger contract, the court did not recognize a legal infringement of METRO AG, but did not deem the motion for expedited registration of METRO AG as admissible according to the current legislation. However,
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.