Czech, Slovak investors offer to take over German retailer Metro
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FRANKFURT (Reuters) - EP Global Commerce, an acquisition vehicle owned by Czech and Slovak investors, is making a takeover offer for German retailer Metro that values the company at 5.8 billion euros (£5.1 billion), it said on Friday. EP Global Commerce already held a stake of nearly 11% in Metro. The offer price of 16 euros for each ordinary share and 13.80 euros for each preferred share represents a 34.5% premium to when EP Global Commerce made its initial investment in August.The firm,..