જર્મનીની આ કંપની ભારતમાંથી બિઝનેસ વેચવાની તૈયારી કરી રહી છે, ખરીદવાની રેસમાં અંબાણી-અદાણી સૌથી આગળ

ગુજરાતી ભાષામાં અનુવાદ કરો

The German company is preparing to sell its business from India, with Ambani-Adani leading the buying race.

German retailer Metro AG is preparing to wind up its business in India. Ambani and Adani are in the race to buy a stake in Metro Cash & Carry India, an Indian subsidiary of Metro AG.

German retailer Metro AG is preparing to wind up its business in India. Mukesh Ambani and Gautam Adani are in the race to buy a stake in Metro Cash & Carry India, an Indian subsidiary of Metro AG. Ambani and Adani have reached the final stage of a deal to buy a stake in Metro Cash & Carry India, Business Standard reports. In that case, it would be interesting to see who owns the company now.

20 companies were contacted

Industry sources have named Reliance, Adani Group and Thailand-based group Charon Pokfund (CP) as potential buyers to buy partial or full stake in Gurugram-headquartered Metro Cash & Carry. The company has 31 stores and 5,000 direct employees. About 20 companies, including strategic and private equity investors, were reportedly approached by the German chain. Ambani and Adani were also contacted.

Looking for investors to grow the business

According to the source, Indian business needs more investment to expand its network and add more stores. At the same time, a Metro AG spokesperson acknowledged that the company was reviewing strategic options. Gerd Koslovsky, Senior Vice President (Corporate Communications), Metro AG, said, “Metro India is a growing business with huge potential for wholesale sales. We are reviewing options with potential partners to enhance Metro's existing wholesale capabilities and accelerate business growth in India. "