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Koninklijke Ahold N.V. ADR (AHONY)

  • Wed, Nov. 11, 10:27 AM
    • Ahold (OTCQX:AHONY) and Delhaize (DEG +3.2%) both trade higher with the merger of the two grocery companies still on track to occur in the middle of 2016.
    • Management of Ahold confirmed the merger status along with Q3 earnings which came in ahead of consensus estimates. Results in the Netherlands and the U.S. were solid.
    • Ahold Q3 results and presentation (.pdf)
    | Wed, Nov. 11, 10:27 AM | Comment!
  • Wed, Jun. 3, 10:34 AM
    • Delhaize (DEG +5.6%) and Ahold (OTCQX:AHONY +4.1%) are working toward reaching a deal on a merger by the end of the month, according to Bloomberg.
    • A combination could lead to annual cost savings of €300M ($337.6M) to €700M ($787.8M), estimate inside sources.
    • Shares of both grocery chain stocks rose in European trading to be followed by similar action with the U.S. ADRs.
    • Previously: Ahold, Delhaize confirm merger talks (May. 12 2015)
    • Previously: Talk picks up over grocery chain consolidation (May. 14 2015)
    | Wed, Jun. 3, 10:34 AM | Comment!
  • Mon, May 11, 10:52 AM
    • Delhaize (NYSE:DEG) is up 13.3% after reports on a merger with Ahold (OTCQX:AHONY +3.8%) drove up shares listed in Europe earlier today.
    • The talk of industry consolidation has some other U.S. grocery stocks ahead of market averages as well.
    • Grocery gainers: Kroger (NYSE:KR) +1.0%, Whole Foods Market (NASDAQ:WFM) +1.2%, Roundy's (NYSE:RNDY) +1.0%, Supervalu (NYSE:SVU) +1.0%, Fairway Group (NASDAQ:FWM) +0.9%, Ingles Markets (NASDAQ:IMKTA) +9.8% with earnings also a factor.
    • Previously: Ahold, Delhaize surge on merger reports
    | Mon, May 11, 10:52 AM | 3 Comments
  • Mon, May 11, 6:20 AM
    • Royal Ahold (OTCQX:AHONY) and Delhaize (NYSE:DEG) surged in early European trading after weekend reports that the Dutch and Belgian retailers are in talks to merge, a deal that would pool U.S. chains Stop & Shop and Food Lion.
    • Delhaize soared as much as 18%, valuing the company at €8.8B ($9.8B), while Ahold advanced as much as 10% for a valuation of €17B.
    • Talks between the companies are at a preliminary stage, Belgian newspapers De Tijd and L'Echo reported on Saturday.
    | Mon, May 11, 6:20 AM | Comment!
Company Description
Ahold is an international food retailing group based in the Netherlands, operating leading supermarket companies in Europe and the United States. Ahold's supermarkets are powerful local brands with a strong focus on the customer, offering great value, a convenient and innovative shopping... More
Country: Netherlands