NETHERLANDS/SPAIN: Ahold denies setting deadline for Spanish asset sale
Troubled Dutch retailer Ahold has denied reports that it has set a deadline for the sale of its Spanish assets. Spanish newspaper Cinco Dias had reported that Ahold expects to divest its Spanish assets by mid-2004 and that it has valued the assets at around €1.5bn (US$1.7bn), reported Dow Jones International News.
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