Thursday, June 2, 2016

UPDATE 1-Germany's Metro reaches wage deal with workers at Real hypermarket unit

DUESSELDORF, June 2 (Reuters) - German retailer Metro

said on Thursday it has reached a deal with workers at

its struggling hypermarket chain, Real, to cut holiday payments

after pledging to invest 1 billion euros ($1.1 bln) to modernise

stores, safeguarding jobs.

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