The Wall Street Journal reports that Ahold “is on the hunt for acquisitions, and growth in new markets will be a key strategic priority in the coming years.” However, CEO Dick Boer did not specify which markets he had in mind.
Boer made the comments at the company’s annual shareholders meeting in Amsterdam.
"The recent opening of our first store in Belgium indicates how we want to use our expertise as a retailer in new markets," he said.
The general sense of the story is that Ahold has plenty of cash to make an acquisition, but that investors are getting impatient.
Boer made the comments at the company’s annual shareholders meeting in Amsterdam.
"The recent opening of our first store in Belgium indicates how we want to use our expertise as a retailer in new markets," he said.
The general sense of the story is that Ahold has plenty of cash to make an acquisition, but that investors are getting impatient.
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Winn-Dixie? A&P?
