German Econ Min delays decision on Edeka plan to buy Kaiser's

Reuters

Updated 26 January 2016 at 3:41 am

BERLIN (Reuters) - German Economy Minister Sigmar Gabriel has delayed a decision on plans by the country's biggest supermarket group Edeka to buy grocery chain Kaiser's, owned by retail group Tengelmann, a ministry spokeswoman said on Tuesday.

The spokeswoman said the two sides had requested more time to respond to Gabriel's demand that jobs would be guaranteed for five years. A 14-day deadline to respond to his demands expired on Tuesday.

(Reporting by Gernot Heller; Writing by Joseph Nasr; Editing by Caroline Copley)

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