Delhaize Group and Ahold complete merger after receiving clearance from the U.S. Federal Trade Commission
23 Juillet 2016 - 4:04PM
Delhaize Group and Ahold have received regulatory clearance for
their merger from the United States Federal Trade Commission (FTC).
The companies subsequently completed the merger with the signing of
the merger deed by Delhaize Group CEO Frans Muller and Ahold CEO
Dick Boer today.
Mats Jansson, Chairman of Delhaize Group said:
"Today is an historic day, as we are now really bringing together
these two great companies, creating an even stronger international
food retailer. We are completing this international transaction
with great momentum and a high level of readiness."
Frans Muller, Delhaize Group CEO said: "We are
pleased to complete our merger with Ahold today. I would like to
thank our associates for all their work and dedication. The moment
to merge has never been more right, and we are confident that we
will deliver even more for customers, communities and
investors."
The merger will become effective on Sunday, July
24, 2016 at 00:01 a.m. CET. Ahold Delhaize shares will start
trading on Euronext Amsterdam and Euronext Brussels on Monday, July
25 with ticker symbol AD. Ahold Delhaize American Depositary
Receipts (ADRs) will trade over-the-counter in the United States
and will be quoted on the OTCQX International marketplace.
Please visit www.delhaizegroup.com, www.ahold.com, or
www.adcombined.com for more information.
Press release in pdf
http://hugin.info/133961/R/2030297/755161.pdf
HUG#2030297