Ahold to sell stake in ICA for $3.3 billion

Sweden-based Hakon Invest will acquire the 60% of Scandanavian supermarket chain ICA that it doesn't already own from Dutch company Ahold, in a deal valued at about $3.29 billion. Ahold, which has held its ICA stake for 12 years, plans to focus on building business at its stores in the US and continental Europe, which account for 95% of total revenue.

View Full Article in:

New York Times (tiered subscription model), The · Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Analyst, Store Strategy and Method Improvements
Ross Stores, Inc
Dublin, California
Product Manager
Smithsonian Museum Retail
Washington, Dist. Columbia
Mgr of Merchandising and Supply Chain Systems
BJ's Wholesale Club
Westborough, Massachusetts
communications program manager, Partner Resources-Seattle, WA
Starbucks
Seattle, Washington
director, mobile engineering, Global Technology - Seattle, WA
Starbucks
Seattle, Washington