German retailer Metro AG (MEO.XE) plans to analyze a proposed new ownership structure for rival German retailer Karstadt, but isn't under any time pressure to launch a merger between Karstadt and its own Kaufhof unit, a Metro spokesman said Monday.

Metro has long talked about acquiring some of Karstadt's stores and merging them with Kaufhof to create a giant German department store conglomerate.

Earlier Monday, Karstadt's insolvency administrator said investment fund Berggruen Holdings had won a bidding process to acquire Karstadt.

-By William Launder; Dow Jones Newswires; +49 69 29 725 515; william.launder@dowjones.com
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