Ahold eyes Carrefour shops in Belgium
Dutch supermarket group Ahold is eyeing Belgian shops owned by French retail giant Carrefour, a report in Dutch financial daily the Financieele Telegraaf said, citing Gerard Rutte, a supermarket expert from Uwsupermarkt.nl.
Carrefour's operations in Belgium are not doing well and Ahold wants to boost its presence in the country from 21 to 50 stores in the next few years, the report said.
Ahold has enough cash reserves to finance takeover deals, it added.
Source De Financieele Telegraaf