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Supermarket giant plans to keep controversial unit

Article Abstract:

Ahold N.V. is planning to keep its U.S. Foodservice unit. The unit caused a huge accounting scandal for Ahold, which is now considering a capital increase rather than a unit sale.

Author: Ball, Deborah
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003

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Ahold will keep U.S. Foodservice, mulls rights issue

Article Abstract:

Ahold N.V. has acknowleged that it will keep its struggling U.S. Foodservice unit for the next 18 months at least. Ahold will also consider a rights issue.

Author: Ball, Deborah
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
Food Stores, Food and Beverage Stores, Grocery Stores, Securities issued, listed, Grocery industry, Securities, Company securities

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Subjects list: United States, Planning, Netherlands, Supermarkets, Koninklijke Ahold N.V., U.S. Foodservice, Company business planning, Subsidiaries, divisions and units
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