Delhaize, Bi-Lo complete deal

Delhaize Group said Monday that it had completed the divestment of its Sweetbay, Harveys and Reid’s stores to Bi-Lo Holdings for $246 million in cash, subject to post-closing adjustments. That deal was first announced a year ago and has been closing in a series of transactions over several months.


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish