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AHOLD, Zaandam, Netherlands, and Velox Retail Holdings, Buenos Aires, Argentina, began a tender offer last week for the remaining common shares and American Depositary Shares of Disco, a 109-store supermarket chain the companies jointly own. The offer will be made through Disco Ahold International Holdings, the companies' 50/50 joint venture company and will end on Dec. 17, an Ahold spokesman said.

AHOLD, Zaandam, Netherlands, and Velox Retail Holdings, Buenos Aires, Argentina, began a tender offer last week for the remaining common shares and American Depositary Shares of Disco, a 109-store supermarket chain the companies jointly own. The offer will be made through Disco Ahold International Holdings, the companies' 50/50 joint venture company and will end on Dec. 17, an Ahold spokesman said. The holding company will offer the U.S. dollar equivalent -- at the time of payment -- of seven

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