Spanish retailer El Corte Ingles has denied bidding for the Spanish operations of Dutch retail giant Ahold.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


“El Corte Ingles hasn’t made any offer on the Dutch group Ahold,” a company spokeswoman was quoted by Dow Jones International News as saying.


Earlier this week a report in a Spanish newspaper said that El Corte Ingles had made an offer of €480m (US$579.8m) for the assets, which include more than 600 stores.


Ahold, which has made several major divestments in the last year as it seeks to cut debt in the wake of an accounting scandal, has said it hopes to sell its Spanish operations by the end of the year.

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