Ahold sells US Tops markets

12th October 2007, Comments 0 comments

12 October 2007, AMSTERDAM - 2007 (AFP) - Dutch retailer Ahold announced Thursday that it would sell its US stores Tops Markets to Morgan Stanley Private Equity for EUR 218 million.

12 October 2007

AMSTERDAM - 2007 (AFP) - Dutch retailer Ahold announced Thursday that it would sell its US stores Tops Markets to Morgan Stanley Private Equity for EUR 218 million.

Ahold had announced it was trying to sell Tops during a strategic review in November 2006. Tops operates stores in western New York, mid-state New York and northwestern Pennsylvania. The stores currently employ about 10,000 people in full- and part-time jobs.

[Copyright afp 2007]
Subject: Dutch news

0 Comments To This Article