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Giant Food

Ahold, Delhaize close merger deal

Ahold, Delhaize close merger deal

BRUSSELS, Belgium, and ZAANDAM, the Netherlands — Delhaize Group and Royal Ahold completed their $29 billion merger transaction over the weekend. The Europe-based food and drug retailers said the deal received regulatory clearance from the U.S. Federal Trade Commission, and Delhaize Group chief executive officer Frans Muller and Ahold CEO Dick Boer have signed of

Delhaize, Ahold to divest 86 U.S. stores

Delhaize, Ahold to divest 86 U.S. stores

BRUSSELS — The U.S. subsidiaries of Delhaize Group and Ahold NV have reached agreements with buyers to divest 86 stores in connection with the companies’ pending merger. Delhaize and Ahold said Thursday that all of the store divestitures — which includes locations from both companies’ U.S. supermarket chains — must be approved by the Federal