Retailer Metro said to enlist Citi, JPMorgan to review China operations

Retailer Metro said to enlist Citi, JPMorgan to review China operations

A Metro AG logo sits on a sign beyond a delivery truck outside the company's wholesale food distribution depot in Weiterstadt, Germany, on Wednesday, April 25, 2018. Metro AG, the German food wholesaler, cut its profit and sales outlook for the year because of slowing business in Russia and higher costs to rejig the company after splitting off its consumer-electronics chain. Photographer: Krisztian Bocsi/Bloomberg

Metro AG, the German big-box retailer and wholesaler, is working with Citigroup Inc. and JPMorgan Chase & Co. to review options for its Chinese operations, according to people familiar with the matter.

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