Can Ahold resist shareholder pressure to sell US operations?
Q2 profits may be up 60%, but Royal Ahold remains under pressure from major shareholders Centaurus and Paulson to give…
Ahold under pressure
Q2 profits may be up 60%, but Royal Ahold remains under pressure from major shareholders Centaurus and Paulson to give returns a shot in the arm by selling off US operations. For now, Ahold is standing firm, but it needs to deliver tangible results to appease activist investors. Katy Humphries reports.
NETHERLANDS: Ahold shares climb on Delhaize merger speculation
Shares in Royal Ahold have been given another boost after rumours surfaced that the Dutch retailer might be planning a…
NETHERLANDS: Centaurus, Paulson seek to up pressure on Ahold
Hedge funds Paulson and Centaurus are seeking shareholder support for proposals to sell-off Royal Ahold’s US operations in an attempt…
NETHERLANDS: Ahold silent on rumoured board split
Dutch retailer Royal Ahold has remained silent on rumours that its board of directors is divided over proposals to sell…
NETHERLANDS: Ahold profits up in Q2
Dutch retail combine Royal Ahold posted second-quarter operating profits of EUR376m (US$480m), up 55% from EUR242m last year and ahead…
UK: Ahold outlines future strategy
Addressing the IGD Annual Global Retailing Conference held in London yesterday (13 June), Bert Swartsenburg, Ahold’s MD of European Buying,…