Ahold and Delhaize Group complete merger after receiving clearance from the U.S. Federal Trade Commission
(Thomson Reuters ONE) -
Zaandam, the Netherlands - Ahold and Delhaize Group 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 Ahold CEO Dick Boer and Delhaize Group CEO Frans Muller today.
Jan Hommen, Ahold Supervisory Board Chairman said: "Today marks the successful
completion of this cross-border merger, bringing together two great food retail
companies. Ahold Delhaize is ready for a strong start, building on its strong
foundation, heritage and complementary businesses."
Dick Boer, Ahold CEO said: "Completing this merger today is an exciting and
historic moment. I would like to thank all associates for their dedication and
hard work. With our new leadership team, we look forward to continuing to
deliver for our customers and other stakeholders."
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.
2016/17
160723_PR FTC clearance and completion_ENG:
http://hugin.info/130711/R/2030304/755166.pdf
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originality of the information contained therein.
Source: Ahold via GlobeNewswire
[HUG#2030304]
Unternehmensinformation / Kurzprofil:
Datum: 23.07.2016 - 15:59 Uhr
Sprache: Deutsch
News-ID 484943
Anzahl Zeichen: 2035
contact information:
Town:
Amsterdam
Kategorie:
Business News
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