Delhaize Group and Ahold complete merger after receiving clearance from the U.S. Federal Trade Commission
(Thomson Reuters ONE) -
Brussels, Belgium, July 23, 2016 - Delhaize Group and Ahold have received
regulatory clearance for their merger from the United States Federal Trade
Commission (FTC). The companies subsequently completed the merger with the
signing of the merger deed by Delhaize Group CEO Frans Muller and Ahold CEO Dick
Boer today.
Mats Jansson, Chairman of Delhaize Group said: "Today is an historic day, as we
are now really bringing together these two great companies, creating an even
stronger international food retailer. We are completing this international
transaction with great momentum and a high level of readiness."
Frans Muller, Delhaize Group CEO said: "We are pleased to complete our merger
with Ahold today. I would like to thank our associates for all their work and
dedication. The moment to merge has never been more right, and we are confident
that we will deliver even more for customers, communities and investors."
The merger will become effective on Sunday, July 24, 2016 at 00:01 a.m. CET.
Ahold Delhaize shares will start trading on Euronext Amsterdam and Euronext
Brussels on Monday, July 25 with ticker symbol AD. Ahold Delhaize American
Depositary Receipts (ADRs) will trade over-the-counter in the United States and
will be quoted on the OTCQX International marketplace.
Please visit www.delhaizegroup.com, www.ahold.com, or www.adcombined.com for
more information.
Press release in pdf:
http://hugin.info/133961/R/2030297/755161.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Delhaize Group via GlobeNewswire
[HUG#2030297]
Unternehmensinformation / Kurzprofil:
Datum: 23.07.2016 - 16:00 Uhr
Sprache: Deutsch
News-ID 484942
Anzahl Zeichen: 2247
contact information:
Town:
Brussels
Kategorie:
Business News
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