Metro lowers its stake in Couche-Tard to raise cash and take on Target
Posted on February 21, 2013 at 09:37 AM EST
METRO INC. (Toronto symbol MRU; www.metro.ca) has moved up sharply in the past few months. That’s mainly because it is taking steps to unlock some of its hidden value, including selling some of its investments. Metro will use the cash from the sales keep improving stores and help it compete with U.S. retailer Target Corp. …