AMSTERDAM — Ahold here said Wednesday it had reached an agreement to sell its U.S. Foodservice subsidiary to private equity firms Kohlberg Kravis Roberts and Clayton, Dubilier & Rice for $7.1 billion — a price that well exceeded the $5 billion figure some analysts had expected. The deal, which requires shareholder approval and antitrust clearance, is expected to close in the second half of the year, Ahold said. USF is the second largest food-service distributor in the United States, with ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access 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’s FREE, 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 granted free access to SN we ask that you register 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.