July 12, 2017 / 8:15 AM / 14 days ago

BRIEF-Metro says demerger legally effective

1 Min Read

July 12 (Reuters) - METRO AG:

* CONSUMER ELECTRONICS BUSINESS (ENTERTAINMENT AND HOUSEHOLD ELECTRONICS) AS WELL AS PERTAINING ACTIVITIES (CE BUSINESS DIVISION) REMAIN WITH METRO (FUTURE CECONOMY AG)

* ‍TECHNICALLY, SHARES IN METRO WHOLESALE & FOOD SPECIALIST AG WILL BE ALLOTTED TO SHAREHOLDERS OF METRO AG ON 12 JULY 2017 AFTER CLOSE OF TRADING​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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