Earlier this month, as all SN readers know, Food Lion agreed to acquire Hannaford Bros. Food Lion is controlled by Delhaize Le Lion, the Brussels-based retailer. And, in upcoming days, Food Lion's stock will no longer be listed on Nasdaq, but will...
Don't Forget Kash n' Karryways enjoy your editorials, but in ["Delhaize's Big Change," Aug. 23, 1999] you neglected to acknowledge Food Lion's purchase of Kash n' Karry, Tampa, Fla. In fact, that acquisition seems to have been a factor in the ...
Ahold, Zaandam, The Netherlands, said Annelies Bouma has been appointed to the position of executive vice president of finance at Ahold's institutional food supply company, GVA/Gastronoom. Currently vice president of corporate control, Bouma will...
In the current business environment, the proposed buyout of Hannaford Bros. by Food Lion for $3.35 billion doesn't seem to be much out of the ordinary, except maybe for the multiple paid.But it is. The deal actually has a number of engaging...
SALISBURY, N.C. -- Food Lion here raised its profile in the quickly changing U.S. retail consolidation game last week with its agreement to acquire Hannaford Bros., Scarborough, Maine.In announcing it would form a holding company to acquire...
WASHINGTON -- Ahold anticipates at least one more significant East Coast acquisition in the next 12 months and possibly a major acquisition in Europe as well, according to securities analysts.The analysts were part of a dinner and reception...
LONDON -- Food retailers in Belgium, France, Luxembourg and the Netherlands are moving to rebuild their sales of Coca-Cola after the health scare that erupted last month. Problems started after several hundred people in Belgium and France reported...
ZAANDAM, Netherlands -- Ahold here said last week its U.S. headquarters, currently located in Atlanta, will move to the Washington area at the end of this summer. "The move from Atlanta to Washington, D.C., is a logical step," said Robert Tobin...
STOCKHOLM, Sweden -- Executives from top global food retailers last week urged the food industry to reassess its environmental policies in the wake of growing consumer concerns about issues including food safety.Speaking at the Annual Executive...
SALISBURY, N.C. -- Food Lion is on the prowl.After years of largely tending its own den, the $10.2 billion company is aggressively hunting for acquisition candidates to increase shareholder value.The company was a runnerup earlier this year to...