AHOLD SETTLEMENT PROMISES TO BE THE FIRST OF MANY

ZAANDAM, Netherlands -- Ahold here last week agreed to pay an 8 million euro (about $10 million) fine to settle an investigation by the Dutch public prosecutor into a tactic the company was accused of using to inflate its revenues from international joint ventures.Analysts said the settlement may be just the tip of the iceberg as the company faces shareholder lawsuits and several other investigations

ZAANDAM, Netherlands -- Ahold here last week agreed to pay an 8 million euro (about $10 million) fine to settle an investigation by the Dutch public prosecutor into a tactic the company was accused of using to inflate its revenues from international joint ventures.

Analysts said the settlement may be just the tip of the iceberg as the company faces shareholder lawsuits and several other investigations by regulatory bodies into its accounting practices from 2001 to 2003, when Ahold was

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