Metro plans to discuss merger with Arcandor

05/20/2009 | Financial Times (subscription required)

Executives at Metro, the German retail giant, and Goldman Sachs are planning to meet with Arcandor CEO KarlGerhard Eick about the possibility of merging their department-store chains. Eick said Arcandor needs to secure long-term financing before merging its Karstadt stores with Metro's Kaufhof units.

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