NETWORK advises BC Equities GmbH & Co. KG and Beisheim Holding GmbH as well as Palatin Verwaltungsgesellschaft mbH exclusively in the context of the transaction negotiations with EPGC.

METRO AG and EP Global Commerce GmbH ("EPGC"), a holding company controlled by Daniel Křetínský, have signed an agreement regarding the delisting of METRO AG. BC Equities GmbH & Co. KG and Beisheim Holding GmbH as well as Meridian Foundation through Palatin Verwaltungsgesellschaft mbH entered into a non-tender agreement with EPGC, according to which they will not tender their shares in METRO into the Delisting Offer.

NETWORK advised the shareholders BC Equities GmbH & Co. KG and Beisheim Holding GmbH as well as Palatin Verwaltungsgesellschaft mbH exclusively in the context of the transaction negotiations with EPGC.

Transaction

EPGC will make a delisting offer to all of METRO’s shareholders and will offer a price of EUR 5.33 per share. The Delisting Agreement reaffirms EPGC’s and METRO AG’s Management’s joint commitment to the long-term implementation of METRO’s sCore strategy and the related growth investments. BC Equities GmbH & Co. KG and Beisheim Holding GmbH as well as Palatin Verwaltungsgesellschaft mbH entered into a non-tender agreement with EPGC, according to which they will not tender their shares in METRO into the Delisting Offer. Together, they represent approx. 24.99% of METRO’s share capital and voting rights attached to METRO shares.

Companies

METRO is a leading international food wholesaler which specialises in serving the needs of hotels, restaurants, and caterers (HoReCa) as well as independent resellers (Traders). Around the world, METRO has approx. 15 million customers who benefit from the wholesale company’s unique multichannel mix: customers can purchase their goods in one of the large stores in their area as well as by delivery (Food Service Distribution, FSD) – all digitally supported and connected. In parallel, METRO MARKETS is being developed as an international online marketplace for the needs of professional customers which has been growing and expanding continuously since 2019. Acting sustainably is one of the company principles of METRO which has been listed in various sustainability indices and rankings, including MSCI, Sustainalytics and CDP. METRO operates in more than 30 countries and employs over 85,000 people worldwide. In financial year 2023/24, METRO generated sales of €31 billion.