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Ahold-Delhaize combo in 'final stages'

Ahold said Tuesday that it was in the "final stages of negotiations" on a potential merger with Delhaize Group, but stressed that no agreements have yet been reached.

Jon Springer, Executive Editor

June 23, 2015

1 Min Read
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Ahold said Tuesday that it was in the “final stages of negotiations” on a potential merger with Delhaize Group, but stressed that no agreements have yet been reached.

“Ahold expects to issue a press release in due course,” the company said.

The brief statement came in response to unspecified media reports. European outlets said that Ahold and Delhaize were aiming to complete a deal by the end of the month. The companies were discussing potential synergy savings and executive structures as well as a financial structure, Bloomberg said.

Ahold and Delhaize confirmed they were in talks May 12. Their combination would create a company with some 2,000 U.S. stores and sales of more than $44 billion.

About the Author

Jon Springer

Executive Editor

Jon Springer is executive editor of Winsight Grocery Business with responsibility for leading its digital news team. Jon has more than 20 years of experience covering consumer business and retail in New York, including more than 14 years at the Retail/Financial desk at Supermarket News. His previous experience includes covering consumer markets for KPMG’s Insiders; the U.S. beverage industry for Beverage Spectrum; and he was a Senior Editor covering commercial real estate and retail for the International Council of Shopping Centers. Jon began his career as a sports reporter and features editor for the Cecil Whig, a daily newspaper in Elkton, Md. Jon is also the author of two books on baseball. He has a Bachelor of Arts degree in English-Journalism from the University of Delaware. He lives in Brooklyn, N.Y. with his family.

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