INVESTORS SEEK BREAKUP OF AHOLD

AMSTERDAM - Two hedge funds last week called for Ahold here to take "drastic action" and divest all of its U.S. operations.Paulson & Co., New York, and Centaurus Capital, London, said they have acquired a 6.4% stake in Ahold's stock and have begun "investigating options to create value for the benefit of various Ahold stakeholders."The companies previously were reported to have accumulated a stake

AMSTERDAM - Two hedge funds last week called for Ahold here to take "drastic action" and divest all of its U.S. operations.

Paulson & Co., New York, and Centaurus Capital, London, said they have acquired a 6.4% stake in Ahold's stock and have begun "investigating options to create value for the benefit of various Ahold stakeholders."

The companies previously were reported to have accumulated a stake of less than 5% in Ahold and were said to be seeking a breakup of the comp

Register to view the full article

Already a member? .