On 30 November 2012 Metro Group signed an agreement with the French retailer Groupe Auchan on the sale of Real’s business in Eastern Europe. Groupe Auchan will take over the operational activities and real estate assets of the Metro Group in Poland, Romania, Russia and Ukraine. The sale is subject to approval by the relevant antitrust authorities.
Egorov Puginsky Afanasiev & Partners advised the client on the Russian aspects of the deal while Hengeler Mueller acted as a global advisor in this transaction.
The Egorov Puginsky Afanasiev & Partners team was led by partner Arkady Krasnikhin and Senior Associate Andrey Mashkovtsev.