May 12, 2015, 3:19 AM
- Dutch food retailer Royal Ahold (OTCQX:AHONY) and Belgium's Delhaize (NYSE:DEG) have confirmed they are in talks about a possible $25B merger that could also create one of the largest supermarket operators across the Atlantic.
- Despite being based in Europe, both companies generate about 60% of their sales in the U.S.
- Ahold operates the Stop & Shop and Giant chains, as well as online grocery store Peapod, while Delhaize operates the Food Lion and Hannaford banners.
- Previously: Ahold, Delhaize surge on merger reports (May. 11 2015)
We are an international retailing group based in the Netherlands,with strong local consumer brands in Europe and the United States. Operating supermarkets and selling great food has been our core business for over a century. We also offer other formats and channels to serve the needs of today's... More
Industry: Grocery Stores
Other News & PR