NEWS WATCH

AHOLD TO DIVEST SOUTH AMERICAN OPERATIONSid last week it intends to divest its operations in four South American countries -- Brazil, Argentina, Peru and Paraguay -- to concentrate on its mature and most stable markets and to generate funds to pay down debt. In February, the company said it was in negotiations to divest its holdings in Chile. Ahold said it has set no timing for the divestments. In

AHOLD TO DIVEST SOUTH AMERICAN OPERATIONS

id last week it intends to divest its operations in four South American countries -- Brazil, Argentina, Peru and Paraguay -- to concentrate on its mature and most stable markets and to generate funds to pay down debt. In February, the company said it was in negotiations to divest its holdings in Chile. Ahold said it has set no timing for the divestments. In Brazil, the company owns two supermarket/hypermarket chains -- Bompreco, which has

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