Ahold sells two US units
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Ahold has agreed to sell its Bruno's and BI-LO shop units in the United States to Lone Star Funds for $660 million, the Dutch retailer said yesterday.
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The sale, for $1.76 billion in cash, is the final step in American Standardâs plan to split into three companies.
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Ahold has agreed to sell its Bruno&#39;s and BI-LO shop units in the United States to Lone Star Funds for $660 million, the Dutch retailer said on Thursday.
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Dutch retailer  Ahold sells its network of about 600 Spanish retail stores to private equity group Permira.
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The home improvement giant said it's considering selling its wholesale supply business.
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Home Depot reached a tentative new agreement today to sell its wholesale unit to a consortium of private equity firms for a reduced price of $8.5 billion, according to people involved in the deal.
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Ahold is to complete its exit from the Brazilian market early in 2005 after agreeing the sale of its G Barbosa supermarket business to an affiliate of US firm ACON Investments.
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LONDON/AMSTERDAM  - Private equity and trade buyers are lining up bids for Dutch retailer Ahold's  3 billion euro ($3.8 billion) U.S. Foodservice division, British newspaper The Business reported on Sunday.
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The two makers of household and personal care products both reported higher quarterly profits on Thursday, relying on sales in emerging markets as the United States economy slowed.
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Global food retailer Royal Ahold NV said Thursday it will sell two of its U.S. grocery chains, BI-LO and Bruno's, to Dallas-based Lone Star Funds for &#36;560 million in cash.
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Profit from companies that are breaking in two.
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Home Depot, the world&#39;s largest home-improvement retailer, said Tuesday it would sell its wholesale supply division to a private equity consortium for 8.5 billion dollars, a steep discount from the initial price.
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By The Bellingham Herald, Wash.  Mar. 6--A major Bellingham shopping center was recently sold by one limited liability firm to another.
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A North American energy company which operates a major North Sea oil field is selling its British division for 2.1 billion (Â£1.14 billion), it was announced today.
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DOW 12,786.64  +19.07    NASDAQ 2,513.04  +16.73    S&P 500 1,459.68  +4.14    RUSSELL 2000 826.11  +7.96 TOPLOCAL  Special hybrid goes on sale next month  Torrance-based Toyota Motor Sales U.S.A. Inc.
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or about less than half what the current model weighs -- will be sold at $149 per unit in North American markets and at 149 euros in Europe starting November 1st.
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Dutch retailer Ahold said on Thursday  it had agreed to sell its Bruno's and BI-LO retail chains in  the United States to Lone Star Funds for $660 million, which is  slightly below market expectations.