According to the financial daily Handelsblatt Morgan Stanley is the preferred bidder, but speaking at the announcement of Metro's third quarter results Chairman Hans-Joachim Koerber refused to confirm the winning bidder. "Let's talk about it when the ink is dry," he said.
Metro's real estate assets are held through Asset Immobilienbeteiligungen, a joint venture with Westdeutsche Landesbank in which Metro has a 49% stake.
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