NEWS WATCH: AHOLD AGREES TO SELL SPANISH OPERATIONS TO PERMIRA...PATHMARK SECURES NEW $250M CREDIT FACILITY...WINN-DIXIE SEES INSURANCE COVERING STORM DAMAGES

AHOLD AGREES TO SELL SPANISH OPERATIONS TO PERMIRAaid it has agreed to sell its Spanish retail operations to the Permira Funds, a European private equity firm with offices in Madrid, for 685 million euros, or about $841 million. Ahold, which also is seeking to sell its Bruno's and Bi-Lo chains in the United States, said last year it would seek to divest the Spanish business. The Spanish operations

AHOLD AGREES TO SELL SPANISH OPERATIONS TO PERMIRA

aid it has agreed to sell its Spanish retail operations to the Permira Funds, a European private equity firm with offices in Madrid, for 685 million euros, or about $841 million. Ahold, which also is seeking to sell its Bruno's and Bi-Lo chains in the United States, said last year it would seek to divest the Spanish business. The Spanish operations include almost 600 stores under several different banners. Ahold said it expected

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