Ahold Delhaize: final step in store divestment plan.
(CercleFinance.com) - Ahold Delhaize has reached an agreement with Belgian rival Colruyt, the operator of the Spar stores chain, to divest the Albert Heijn Groenplaats location in Antwerp, as part of the divestment program following the merger.
The location will be transferred in approximately one month, the Dutch-based retailer said in a statement.
This deal represents the final sale of the store divestment program that was requested by the Belgian Competition Authority (BCA) in March 2016 to address competition concerns raised by the Ahold-Delhaize merger.
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The location will be transferred in approximately one month, the Dutch-based retailer said in a statement.
This deal represents the final sale of the store divestment program that was requested by the Belgian Competition Authority (BCA) in March 2016 to address competition concerns raised by the Ahold-Delhaize merger.
Copyright (c) 2017 CercleFinance.com. All rights reserved.