AHOLD: STRONG INTEREST IN BIDDING FOR BI-LO, BRUNO'S

ZAANDAM, Netherlands -- Ahold here has seen "stronger than expected interest" in its Bi-Lo and Bruno's chains in the United States and is confident that it will meet its target price in selling those and other assets, the company's chief executive officer said last week.In an interview with European newswire services, Anders Moberg said Ahold expected to meet its target of raising 2.5 billion euros,

ZAANDAM, Netherlands -- Ahold here has seen "stronger than expected interest" in its Bi-Lo and Bruno's chains in the United States and is confident that it will meet its target price in selling those and other assets, the company's chief executive officer said last week.

In an interview with European newswire services, Anders Moberg said Ahold expected to meet its target of raising 2.5 billion euros, or about $3 billion, from the sale of those two chains in the Southeastern United Sta

Register to view the full article

Already a member? .