date:Nov 21, 2013
Europe's fourth biggest retailer Metro is considering floating a 25% stake in its Cash Carry Russia unit next spring.
The initial public offering (IPO) could value the unit at no less than 4 billion.
The unit will be competing with local rival Lenta, which is also planning to float in London early next year.
The Metro listing would take place in London, with a secondary listing possibly in Moscow, another of the sources said. The sources said the listing could take place in the spring or the