Shareholders to Vote on Ahold, Delhaize Merger
Ahold and Delhaize Group have called extraordinary general meetings for March 14, at which the retail conglomerates’ respective shareholders will vote on the proposal to approve the companies’ intended merger.
Convocation documents and related materials have already been published by Ahold and Delhaize on their respective websites.
Additionally, Ahold has made publicly available the prospectus included in its F-4 registration statement, which the U.S. Securities and Exchange Commission (SEC) has now declared effective, and its approved European Union prospectus. Both are required steps in the process of completing the merger.
Last June, Ahold and Delhaize revealed their intention to merge, which will create an international retailer, Ahold Delhaize, with more than 6,500 stores and 375,000-plus associates serving more than 50 million customers each week in the United States and Europe.
The transaction is expected to close by midyear, subject to associate consultation procedures, shareholder approval and regulatory clearances.