AHOLD SIGNS UP FOR JOINT VENTURE IN BRAZIL

ZAANDAM, Netherlands -- Ahold here last week entered a joint venture to operate supermarkets and hypermarkets in Brazil.tent to jointly develop further food retail operations in northeastern Brazil. Under the deal, Ahold would acquire 50% of the outstanding common shares of Bompreco's retail subsidiary. The transaction would be financed with available funds, Ahold said.Bompreco, Brazil's fourth-largest

ZAANDAM, Netherlands -- Ahold here last week entered a joint venture to operate supermarkets and hypermarkets in Brazil.

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