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27.06.2014 08:44:51
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Ahold receives preliminary approval from Czech competition authority
Zaandam, the Netherlands - Ahold today announced that it has received preliminary approval from the Czech competition authority to acquire SPAR's business in the country.
The competition authority has stipulated that after completion of the acquisition, Ahold is required to divest a limited number of stores in the Czech Republic.
Once this decision is final, Ahold is authorized to complete the transaction. Ahold expects completion to take place in the second half of this year. Ahold receives preliminary approval from Czech competition authorityThis announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ahold via Globenewswire
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