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
SEO Manager
Bed, Bath & Beyond
Union, New Jersey
Beauty Senior Marketing Manager
Nordstrom
Seattle, Washington
Specialty Retail - Development Manager
The Container Store
Coppell, Texas
Outside Sales Representitive
Purity Cylinder Gases, Inc
Lansing, MI
GLOBAL STORE OPERATIONS DIRECTOR LABOR OPTIMIZATION & MEASURABLE PROCESS
Nike, Inc.
Beaverton, Oregon