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Supermarket Giants Agree Merger
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24.06.2015
Dutch-based supermarket group Ahold has agreed to merge with Belgium's Delhaize in a deal that could create one of the world's largest retailers.
A tie-up between the two would create a group with more than 6,500 stores in the US and Europe.
The two retailers had combined sales last year of €54.1bn (£38.5bn).
A merger would create the sixth largest food retailer in the US, where Ahold operates Stop & Shop and Giant, while Delhaize owns Hannaford and Food Lion.
A tie-up between the two would create a group with more than 6,500 stores in the US and Europe.
The two retailers had combined sales last year of €54.1bn (£38.5bn).
A merger would create the sixth largest food retailer in the US, where Ahold operates Stop & Shop and Giant, while Delhaize owns Hannaford and Food Lion.
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