Kingfisher unveils plan to split operations

Article Abstract:

Kingfisher PLC intends to split off its general-merchandise unit, which operates Woolworths and Superdrug stores in the U.K., to focus on its home-improvement and electronics divisions.

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Delhaize offer $2 billion in stock to acquire rest of its U.S. unit

Article Abstract:

Belgium's grocery stores conglomerate Delhaize Le Lion S.A., has announced plans to acquire its United States' subsidiary Delhaize America Inc., through a buyout of its minority stockholders for $2 billion.

United States, Acquisitions & mergers, Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, Belgium, Supermarkets, Grocery industry, Etablissements Delhaize Freres et Compagnie "Le Lion" S.A., Delhaize America Inc.

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Kingfisher exceeds first-half forecasts

Article Abstract:

Kingfisher PLC posted pretax profits that were higher-than-expected for the fiscal 2001 first-half. The company posted 182.2 million pounds (294.2 million euros) in pretax profits for the period.

Sales, profits & dividends, Finance, Profit, Profits

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