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Ahold in first acquisition for three years.

Europe Intelligence Wire

| August 01, 2005 | COPYRIGHT 2005 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From FT Investor (Pulses))

Ahold shares rose 1.1 per cent to 7.34 on Monday after it announced the acquisition of 67 Julius Meinl supermarkets in the Czech Republic. The purchase, for an undisclosed sum, is the first acquisition by the group since the Road to Recovery programme was announced three years ago. That plan stated that Ahold will continue to invest in companies that can achieve a sustainable number one or two position in ...

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