A PYMNTS Company

US: Ahold, Delhaize in $28 billion merger

By  |  June 24, 2015

Dutch grocer Ahold has agreed to buy Belgian rival Delhaize in a 25 billion-euro deal that will create one of the biggest food retailers in the United States and a major player in Europe.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The combination will bring four well-known supermarket chains on the U.S. east coast under the same umbrella: Ahold’s Stop & Shop and Giant stores and Delhaize’s Food Lion and Hannaford markets.

    Together, the companies say, they will lower operating and purchasing costs to compete with Wal Mart and expand the reach of Ahold’s online grocery in the United States.

    Full content: The Wall Street Journal

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.