{"id":2785,"date":"2020-10-21T21:07:40","date_gmt":"2020-10-21T19:07:40","guid":{"rendered":"https:\/\/www.bfw.law\/?p=2785\/"},"modified":"2020-10-21T21:08:15","modified_gmt":"2020-10-21T19:08:15","slug":"juve-21102020metro-buys-in-and-continues-to-resist-takeover","status":"publish","type":"post","link":"https:\/\/www.bfw.law\/en\/juve-21102020metro-buys-in-and-continues-to-resist-takeover\/press\/","title":{"rendered":"JUVE, 21\/10\/2020<span>Metro buys in and continues to resist takeover<\/span>"},"content":{"rendered":"<p>Metro takes over the second largest Portuguese food supplier Aviludo. At the same time, Metro&#8217;s major shareholder EPGC is expanding its shares &#8211; but its public takeover bid to Metro shareholders is not supported by the Management and Supervisory Boards. The offer takes into account neither the current value of the company nor the transformation process of the MDax Group which has already been carried out, the boards announced. [&#8230;]\n<p><strong>Advisor to the Metro Supervisory Board on the takeover bid:<\/strong><\/p>\n<p><span style=\"color: #999999;\"><strong>Berner Fleck Wettich<\/strong><\/span> (D\u00fcsseldorf): Dr. Carsten Wettich, Dr. Olaf Berner (both Corporate\/M&amp;A) &#8211; well known from the market<\/p>\n<p>Background:<\/p>\n<p style=\"padding-left: 30px;\">[&#8230;] The Supervisory Board, which is otherwise supported in its daily work by the head of the Corporate Office, General Counsel Bost, again called in the D\u00fcsseldorf corporate boutique <span style=\"color: #999999;\"><strong>Berner Fleck Wettich<\/strong><\/span> for the valuation of this low-threshold offer &#8211; it is a so-called low ball offer. The unit, founded by former Hengeler lawyers, had prevailed in a pitch in 2019.<\/p>\n<p>For the complete report (in German) click <a href=\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metro takes over the second largest Portuguese food supplier Aviludo. At the same time, Metro&#8217;s major shareholder EPGC is expanding its shares &#8211; but its public takeover bid to Metro shareholders is not supported by the Management and Supervisory Boards. The offer takes into account neither the current value of the company nor the transformation [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[8],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>JUVE, 21\/10\/2020Metro buys in and continues to resist takeover - Berner Fleck Wettich<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JUVE, 21\/10\/2020Metro buys in and continues to resist takeover - Berner Fleck Wettich\" \/>\n<meta property=\"og:description\" content=\"Metro takes over the second largest Portuguese food supplier Aviludo. At the same time, Metro&#8217;s major shareholder EPGC is expanding its shares &#8211; but its public takeover bid to Metro shareholders is not supported by the Management and Supervisory Boards. The offer takes into account neither the current value of the company nor the transformation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/\" \/>\n<meta property=\"og:site_name\" content=\"Berner Fleck Wettich\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-21T19:07:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-21T19:08:15+00:00\" \/>\n<meta name=\"author\" content=\"Carsten Wettich\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Carsten Wettich\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/\",\"url\":\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/\",\"name\":\"JUVE, 21\/10\/2020Metro buys in and continues to resist takeover - Berner Fleck Wettich\",\"isPartOf\":{\"@id\":\"https:\/\/www.bfw.law\/#website\"},\"datePublished\":\"2020-10-21T19:07:40+00:00\",\"dateModified\":\"2020-10-21T19:08:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.bfw.law\/#\/schema\/person\/ae28055d732874e6f9f375457d9f13b6\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.bfw.law\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"JUVE, 21\/10\/2020Metro buys in and continues to resist takeover\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bfw.law\/#website\",\"url\":\"https:\/\/www.bfw.law\/\",\"name\":\"Berner Fleck Wettich\",\"description\":\"Kanzlei f\u00fcr Gesellschaftsrecht | Corporate, D\u00fcsseldorf.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bfw.law\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bfw.law\/#\/schema\/person\/ae28055d732874e6f9f375457d9f13b6\",\"name\":\"Carsten Wettich\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.bfw.law\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d664e843df142f48945178309217e748?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d664e843df142f48945178309217e748?s=96&d=mm&r=g\",\"caption\":\"Carsten Wettich\"},\"url\":\"https:\/\/www.bfw.law\/en\/author\/c-wettich\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"JUVE, 21\/10\/2020Metro buys in and continues to resist takeover - Berner Fleck Wettich","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.juve.de\/nachrichten\/deals\/2020\/10\/zukauf-in-portugal-metro-kauft-zu-und-stemmt-sich-weiter-gegen-uebernahme\/","og_locale":"en_US","og_type":"article","og_title":"JUVE, 21\/10\/2020Metro buys in and continues to resist takeover - Berner Fleck Wettich","og_description":"Metro takes over the second largest Portuguese food supplier Aviludo. 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