Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Tegut In Talks With Redos For Real Hypermarket, Report Suggests

By Dayeeta Das
Share this article
Tegut In Talks With Redos For Real Hypermarket, Report Suggests

Supermarket chain Tegut is in talks with real estate investor Redos to acquire seven branches of Germany's Real supermarket chain, a report in Handelsblatt has revealed.

For several months, Metro has been negotiating with Redos, which was chosen as the preferred bidder for the Real supermarkets.

Redos expressed interest in acquiring 280 Real stores from the parent company, Metro.

Other Bidders

Germany's Edeka is also one of the bidders for the supermarket chain, the report said.

According to the Federal Cartel Office, Germany's national competition regulator, it expressed interest in 87 Real stores.

ADVERTISEMENT

Most recently, the X+Bricks consortium presented a new offer for the retail chain.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.

Get the week's top grocery retail news

The most important stories from European grocery retail direct to your inbox every Thursday

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our terms & conditions and privacy policy. You can unsubscribe at any time.