With the approval of the US regulator FTC on Friday were all hurdles for the last year announced merger of the Dutch and Belgian food retailer removed.
Ahold showed Thursday already know that the acquisition of its Belgian peer was virtually around. Earlier this month, the two companies decided to sell a total of 86 US supermarkets, in order to get green light for their proposed merger.
The FTC claimed that 81 stores had to be divested. As part of the negotiations were sold another five additional stores.
The mega merger between Albert Heijn owner Ahold and Delhaize announced the end of June last year. The merger creates a company with more than 6,500 stores in Europe and the United States, where approximately 375,000 employees serving more than 50 million customers.
US Market
Ahold, Delhaize notably takes over to grow in the US market. The Dutch supermarket group has strong positions on the east coast of the country and can fill in the “gaps” in the stores that operates the Belgian company. So to the US East Coast the merged company analysts will almost everywhere the largest party.
The shares of the combination, which Ahold, Delhaize will be called, are approximately 61 percent owned by the shareholders of the Zaandam grocer. The shareholders of Delhaize gain per share that they own 4.75 Ahold shares. The new Delhaize Ahold shares are traded on Monday
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