 "metro")
Private equity player Lightspeed Venture Partners, in a consortium with some other companies, is evaluating an offer by Metro AG to buy a strategic stake in its Indian operations, Metro Cash & Carry, says a source involved in the deal.
Lightspeed is the second PE fund approached by Metro AG, apart from Samara Capital, say sources. Other companies that have been approached include Reliance, the CP group, the Adani group, Amazon, and Tata.
A query sent to Lightspeed remained unanswered.
Metro AG said: “We are reviewing strategic options with potential partners to enhance Metro’s existing capabilities and accelerate business development in India. We
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