Ahold buys 25 A & P stores – Telegraaf.nl

Ahold buys 25 stores in the US of A & amp <- - google_ad_section_start! ()>; P . The supermarket chain will pay $ 146 million

.

Ahold’s headquarters in Zaandam Photo:. ANP

This was reported by the group Monday afternoon. The stores will continue under the name Stop & amp; Shop, the division of Ahold in the US agreement with Great Atlantic & amp; Pacific Tea Company has concluded.

A & amp; P, the oldest supermarket chain in the US, wrong for a long time in

financial trouble. Last week, The New York Post that Ahold would be close to agreement.

Expansion to East Coast

The deal has not been finalized. The regulators must still approve. Ahold expects the acquisition therefore to finalize by the end of this year

The Stop &.; Shop branch, founded in 1914, already had 59,000 employees with 395 offices in the portfolio in the states of Massachusetts, Connecticut, Rhode Island, New York and New Jersey.

Al exhibition news and current prices too on your smartphone? Click here

class=”clear”