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SLIGR Sligro Food Group NV

13.26
-0.12 (-0.90%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sligro Food Group NV EU:SLIGR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.12 -0.90% 13.26 13.12 13.44 13.36 13.20 13.34 16,116 16:40:00

CVC Puts Dutch Supermarket Chain C1000 Up For Sale - Sources

26/10/2011 2:50pm

Dow Jones News


Sligro Food Group NV (EU:SLIGR)
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CVC Capital Partners has hired Goldman Sachs Group Inc. (GS) to sell Dutch supermarket chain C1000, people familiar with the situation told Dow Jones Newswires on Wednesday.

C1000, with over 400 stores, is the number two supermarket chain in the Netherlands after Koninklijke Ahold NV (AH.AE). Its revenue in 2010 was around EUR3.7 billion.

The business is valued around EUR1 billion and is likely to attract both local and international buyers. Dutch rivals Plus and Sligro Food Group NV (SLIGR.AE) have confirmed to Dow Jones Newswires they are interested in all or part of C1000, and Ahold will likely consider buying some stores although its dominant position will preclude it from bidding for the whole company, the people added.

French giant Carrefour SA (CA.FR) is also reported to be interested.

Goldman Sachs has yet to launch the formal process.

CVC bought C1000 for around EUR695 million in 2008.

-By Marietta Cauchi and Bart Koster, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowjones.com

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