AHOLD COMPLETES ACQUISITION OF DISCO

ZAANDAM, Netherlands -- As expected, Ahold here said it had acquired full control of Disco Ahold Holdings, which previously was a joint venture between Ahold and Velox Retail Holdings, for $490 million. The international retailer and food-service operator, which operates the Giant Food, Bruno's, Tops Friendly Markets, Bi-Lo and Stop & Shop banners in the United States, said it would take a charge

ZAANDAM, Netherlands -- As expected, Ahold here said it had acquired full control of Disco Ahold Holdings, which previously was a joint venture between Ahold and Velox Retail Holdings, for $490 million. The international retailer and food-service operator, which operates the Giant Food, Bruno's, Tops Friendly Markets, Bi-Lo and Stop & Shop banners in the United States, said it would take a charge of 350 million to 450 million euros ($362 million to $465 million U.S.) in the second quar

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