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Ahold Delhaize To Acquire Tesco Czechia And Slovakia

By Reuters News

Oct 30 (Reuters) - Koninklijke Ahold Delhaize N.V. AD.AS:

  • ACQUISITION OF TESCO CZECHIA AND SLOVAKIA

  • STORES IN CZECHIA AND SLOVAKIA GENERATE AROUND €3.5 BILLION IN SALES, AND EMPLOYING OVER 14,000 PEOPLE

  • DEAL EXPECTED TO CLOSE IN Q4 2027

  • WILL PAY AN ENTERPRISE VALUE OF APPROXIMATELY €1.2 BILLION

  • IN FIRST YEAR AFTER CLOSING, BUSINESS COMBINATION IS EXPECTED TO BE EPS NEUTRAL TO AHOLD DELHAIZE

  • DEAL WILL HAVE NO MEANINGFUL IMPACT ON ONGOING CAPITAL ALLOCATION AND CAPITAL RETURN POLICIES

Source for text: tinyurl.com/49wd3eat

Further company coverage: AD.AS

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