Food Lion has received early termination of the HSR waiting period to acquire 62 stores from Southeastern Grocers
2020年11月11日 - 7:15AM
Food Lion has received early termination of the HSR waiting period
to acquire 62 stores from Southeastern Grocers
Zaandam, the Netherlands, November 10, 2020 – Ahold Delhaize
announces today that Food Lion, its leading brand in the
southeastern United States, has made a major step forward
today to expand its store network through previously announced
plans to purchase 62 BI-LO/Harveys Supermarket stores from
Southeastern Grocers. The U.S. Federal Trade Commission has granted
Food Lion early termination of the waiting period under the
Hart-Scott-Rodino Antitrust Improvement Act of 1976 which satisfies
one of the conditions of closing the transaction of the purchase of
these stores in North Carolina, South Carolina, and Georgia. The 62
stores will be converted to Food Lion stores, as part of the
brand's continued expansion in the southeast of the U.S., and Food
Lion expects to hire more than 4,650 associates to serve customers
at the stores. This asset deal with Southeastern Grocers, which was
announced on June 3, 2020, also includes the acquisition of an
additional distribution center in Mauldin, S.C. Both acquisitions
are currently expected to be completed during the first half of
2021, subject to customary closing conditions. Financial terms of
the deal were not disclosed and Group financial guidance remains
unchanged.
Cautionary notice
This communication includes forward-looking statements. All
statements other than statements of historical facts may be
forward-looking statements. Words such as to, will, continued,
expect(s)/(ed) to, first half of 2021, subject to, conditions or
remains, or other similar words or expressions are typically used
to identify forward-looking statements. Forward-looking statements
are subject to risks, uncertainties and other factors that are
difficult to predict and that may cause actual results of
Koninklijke Ahold Delhaize N.V. (the “Company”) to differ
materially from future results expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to, the risk factors set forth in the Company’s public
filings and other disclosures. Forward-looking statements reflect
the current views of the Company’s management and assumptions based
on information currently available to the Company’s management.
Forward-looking statements speak only as of the date they are made
and the Company does not assume any obligation to update such
statements, except as required by law
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