date:Nov 29, 2012
vestments in the Haniel portfolio.
Kepler Capital Market analyst Fabienne Caron said the move from Haniel higlights the need for Metro to maintain its dividend flat this year (EUR1.35).
He added: Besides, there are recurring comments on Reuters that Auchan is close to buying Real Eastern Europe (around EUR2bn sales). We have set an equity value/sales of 30% but industry contacts highlighted it may be too generous. All in all, we do not see this as having a significant impact on Metro's strateg