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Dow Jones reports that Cencosud, a Chilean holding company, will pay Ahold $77 million (US) to acquire its Santa Isabel chain there.

The figure is about much less than the $150 million (US) that Ahold originally hoped to get for the company.

Ahold also plans to sell the rest of its South American holdings. Cencosud reportedly is interested in its Argentinean company, Disco SA.
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