At the time, the entire company was valued at around $10.5 billion (7.7 billion euros). Thus, the acquisition made Metro’s share in the company jump to more than 78%. However, Metro and Kellerhals have maintained a strained relationship. Kellerhals even took part of a court battle over a conflict regarding the company’s governance. The output was Metro prevailing in court, while Kellerhals has held onto his almost 22% stake.
