Metro: X+Bricks has signalled it will improve offer for Real hypermarkets

Credit: REUTERS/THILO SCHMUELGEN

Metro said on Thursday that a consortium including property investor X+Bricks had again registered its interest in the German wholesaler's loss-making Real hypermarkets chain and had signalled that it would improve its offer.

DUESSELDORF, Germany, Nov 21 (Reuters) - Metro B4B.DE said on Thursday that a consortium including property investor X+Bricks had again registered its interest in the German wholesaler's loss-making Real hypermarkets chain and had signalled that it would improve its offer.

Metro said talks with real estate investor Redos, which is leading another consortium seeking to buy the Real hypermarkets, were going full speed ahead, with the aim of completing them in the coming weeks.

Metro said it was entering the decisive phase in negotiations on Real and was optimistic that it would reach a decision soon.

(Reporting by Matthias Inverardi Writing by Michelle Martin Editing by Tassilo Hummel)

((MichelleHannah.Martin@thomsonreuters.com; +49 30 2888 5223; Reuters Messaging: MichelleHannah.Martin.thomsonreuters.com@reuters.net))

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