Belgian retailer Delhaize has launched a tender offer for the shares it does not already hold in Greek subsidiary Alfa Beta.

The company, which launched the voluntary public tender through its wholly-owned Dutch subsidiary Delhaize The Lion Nederland, proposed a tender price of EUR35.73.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The price is equal to the volume weighted average price of the last six months and represents a premium of EUR1.73 above its last tender price offered in 2009.

Delhaize currently holds over 90% of Alfa Beta shares.

At the end of the tender period, Delhaize said that it will exercise the “squeeze out” right to acquire any remaining shares not tendered.

Unon reaching 95% of volting rights, Delhaize will delist Alfa Beta from the Athens Exchange.

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 - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact