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US: Possible Ahold-Food Lion merger would create one of the largest grocers

By  |  June 3, 2015

Shares of Belgian supermarket operator Delhaize and its Dutch counterpart Ahold jumped on Wednesday, as reports suggested talks on a merger between the groups had advanced and a deal could be announced as early as this month.

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    If the merger happens, it would create the fourth largest grocer in the United States, ranking behind Kroger with 8.3 percent market share and retail behemoth Wal-Mart, which had a 26 market share last year, according to the Wall Street Journal.

    The merger negotiations are moving along swiftly and a deal could be announced as early as this month, separate reports in Belgian business daily Bloomberg said.

    Full content: Bloomberg

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