NETHERLANDS: Super de Boer investors clear Jumbo sale

By: just-food.com | 8 December 2009

Super de Boer, the Dutch retailer set to be taken over by privately-owned retailer Jumbo, said today (8 December) that its shareholders has approved the deal.

Investors in Super de Boer, which is majority-owned by French retail giant Groupe Casino, met in Amsterdam today to vote on the EUR552.4m (US$814.8m) takeover.

The sale is expected to be completed on 18 December.

Sectors: Retail

Companies: Super de Boer, Casino

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