ZAANDAM, Netherlands -- Ahold here last week entered a joint venture to operate supermarkets and hypermarkets in Brazil. tent to jointly develop further food retail operations in northeastern Brazil. Under the deal, Ahold would acquire 50% of the outstanding common shares of Bompreco's retail subsidiary. The transaction would be financed with available funds, Ahold said. Bompreco, Brazil's fourth-largest food retailer with 1995 sales of $1.4 billion, operates 50 stores, including seven ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.