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Retail

Metro Has 'No Plans' To Sell Real Hypermarket Chain: CEO

Retailer Metro has no plans to sell its German hypermarket chain Real, chief executive Olaf Koch has said in an interview.

Metro, a sprawling conglomerate, has spent several years restructuring and selling businesses, such as its Kaufhof department stores, to focus on its cash-and-carry business and Media-Saturn electronics chain.

It has split its food business from its consumer electronics business, which it has renamed Ceconomy.

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