Ahold to pay $470 million for online retailer Bol.com

02/27/2012 | Google · Bloomberg

Amsterdam-based international supermarket retailer Ahold will acquire online retailer Bol.com in a deal valued at $470 million, the companies said Monday. Ahold, which operates 3,000 stores in 11 countries in North America and Europe, aims to triple its online sales and expand its geographic reach in the next few years.

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