Belgian holding company Ackermans & Van Haaren has launched a takeover bid to acquire all the shares in former retailing giant GIB.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


GIB was at one stage Belgium’s leading retailer until July 2000 when it sold its supermarket unit GB to France’s Carrefour.


Ackermans are offering €41 (US$40) per share, which puts the value of GIB at €1.13bn, reports Dow Jones International News.


 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now