Ahold Activist Investors Seeking More Support
AMSTERDAM - Dissident investors pressuring Ahold here to enhance value through a sale of its U.S. retail assets said Thursday they were talking to other significant investors for the purposes of gaining support.
December 1, 2006
AMSTERDAM - Dissident investors pressuring Ahold here to enhance value through a sale of its U.S. retail assets said Thursday they were talking to other significant investors for the purposes of gaining support. Randel Freeman, managing director of London-based hedge fund Centaurus Capital, said in a statement Ahold‘s recently announced strategic plan “lacks clarity” on its U.S. strategy, adding that Centaurus was “talking to other significant investors to discuss how we can support management in their efforts to enhance shareholder value and build a strong and competitive business.” Centaurus, together with New York-based investor Paulson & Co., holds a 6.4% stake in Ahold
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