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AHO Koninklijke Ahold N V

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Share Name Share Symbol Market Type
Koninklijke Ahold N V NYSE:AHO NYSE Ordinary Share
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  0.00 0.00% 0.00 -

Ahold to support Sperwer bid for Super de Boer

07/10/2009 5:21pm

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Royal Ahold (NYSE:AHO)
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Amsterdam, The Netherlands - Ahold announced today that it has reached agreement in principle with Sperwer to purchase approximately 40 Super de Boer stores in the event that Sperwer's intended bid for Super de Boer is successful.

Sperwer announced on October 5, 2009 its intention to make a cash bid of EUR 4.50 per share for Super de Boer. It has also offered the alternative option of acquiring all Super de Boer assets and liabilities. Today Sperwer received permission from Super de Boer's management and supervisory boards to start due diligence.

Ahold Press Office: +31 (0)20 509 5291

Forward-looking language notice

This press release includes forward-looking language, which does not refer to historical facts but refers to expectations based on management's current views and assumptions and involves known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those included in such language. Koninklijke Ahold N.V. does not assume any obligation to update any public information or forward-looking language in this release to reflect subsequent events or circumstances.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2009. All rights reserved.

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