Grocery & Drug Stores M&A » By The Online Investor Staff, updated Thu., Apr. 25, 8:19 AM
Recent mergers and acquisitions in the Grocery & Drug Stores M&A category.
Slide #40. Bi-Lo Holdings — Sweetbay, Harveys and Reid's
Acquirer: |
Bi-Lo Holdings |
Acquiree: |
Sweetbay, Harveys and Reid's (DEG) |
Details: |
Bi-Lo Holdings, LLC ("Bi-Lo Holdings"), parent company of the BI-LO and Winn-Dixie grocery store chains, today announced that it has entered into a definitive agreement with Delhaize Group (Euronext Brussels: DELB - NYSE:DEG) ("Delhaize") via Bi-Lo Holdings' wholly owned subsidiary, BI-LO, LLC, under which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid's supermarket chains from Delhaize for $265 million in cash. |
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April 25, 2024 8:19 AM Eastern
Buy (3.33 out of 4)
100th percentile
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