DELHAIZE'S BIG CHANGE

In the current business environment, the proposed buyout of Hannaford Bros. by Food Lion for $3.35 billion doesn't seem to be much out of the ordinary, except maybe for the multiple paid.But it is. The deal actually has a number of engaging features, all of which cast light on Delhaize Le Lion, the company which controls Food Lion. Generally, it shows that Delhaize's newly found intention to join

In the current business environment, the proposed buyout of Hannaford Bros. by Food Lion for $3.35 billion doesn't seem to be much out of the ordinary, except maybe for the multiple paid.

But it is. The deal actually has a number of engaging features, all of which cast light on Delhaize Le Lion, the company which controls Food Lion. Generally, it shows that Delhaize's newly found intention to join the acquisition club is becoming reality, and that it's positioning itself to do further

Register to view the full article

Already a member? .