trending Market Intelligence /marketintelligence/en/news-insights/trending/XR5n03lmRrvBhYaKx4u3iQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Metro begins sale of China business

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Report: Metro begins sale of China business

German food retailer Metro AG has begun calling for bids for the sale of its China operations, Reuters reported March 19, citing people with direct knowledge of the matter.

According to the report, the deal could value the unit at between $1.5 billion and $3 billion.

Potential bidders include Suning Holdings Group Co. Ltd., Wumart Stores Inc., Yonghui Superstores Co. Ltd., as well as private equity firms Hillhouse Capital Management Ltd. and Bain Capital LP, the report said.

Sources reportedly told the news wire that the first round of non-binding bids could start by the second week of April, with Citigroup and JPMorgan acting as advisers to Metro.

A spokesperson for Metro told S&P Global Market Intelligence that it is discussing the further development of its China operations with potential partners, but declined to provide more details about the talks or the sale process.

Bain Capital declined to comment on the report, while the rest of the potential bidders and banks did not immediately respond to requests for comment.

The development comes after it was reported in February that Alibaba Group Holding Ltd. is in talks with Metro to acquire a stake in the Chinese unit. Bloomberg News previously reported that the German wholesaler plans to sell up to an 80% stake in its China business to a domestic bidder as part of its global restructuring.

The company is also in talks to sell its loss-making Real hypermarket chain.