SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Metro AG says Russian government has placed Metro Russia under temporary forced administration

Metro AG says it no longer has operational control over its Russian subsidiary and is evaluating further implications.

B4B.DEB4B0N.H

Metro AG said the Russian government has placed Metro Russia under temporary forced administration with immediate effect. The company said it no longer has operational control over its Russian subsidiary and is assessing the further implications of the decision. Sept 28