Ahold Earmarks USF Sale Proceeds

U.S. Foodservice, the subsidiary at the root of so many of Ahold's problems, may now be part of the solution. Ahold said it will sell the Columbia, Md.-based company to a consortium led by private equity funds Clayton, Dubilier Rice and Kohlberg Kravis Roberts for $7.1 billion. The retailer will use proceeds to pay down more than $2.7 billion in debt, while returning another $4 billion to

AMSTERDAM — U.S. Foodservice, the subsidiary at the root of so many of Ahold's problems, may now be part of the solution.

Ahold said it will sell the Columbia, Md.-based company to a consortium led by private equity funds Clayton, Dubilier Rice and Kohlberg Kravis Roberts for $7.1 billion. The retailer will use proceeds to pay down more than $2.7 billion in debt, while returning another $4 billion to shareholders in the form of company share buybacks, said Anders Moberg, Ahold'

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