Ahold Agrees to Sell Stake in ICA

AMSTERDAM — Ahold here said Monday that it has agreed to sell its 60% stake in Scandinavian retailer ICA for about $3.3 billion.

Last year Ahold had launched a strategic review of its options for its stake in ICA, which is the leading food retailer in Sweden and also operates the Rimi chain in Norway and the Baltics. ICA's 2,215 stores generated about $15.1 billion in sales last year.

The buyer i

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