Amsterdam, the Netherlands - Ahold today announced that it has completed the transaction with Jumbo concerning 78 C1000- and 4 Jumbo stores, as announced on April 26, 2012. The transaction was approved on July 26, 2012 by the Dutch competition authority.
Albert Heijn will start to convert 14 of the stores to its banner and reopen them for customers as soon as possible. The other stores will be converted to the Albert Heijn banner over a period of time, in close cooperation with the entrepreneurs.
The statements in this press release are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from the information set forth in forward-looking statements include, but are not limited to, factors discussed in Ahold’s public filings and other disclosures. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as per the date of this press release. Ahold does not assume any obligation to update any public information or forward-looking statements in this release to reflect subsequent events or circumstances, except as may be required by applicable laws. Outside the Netherlands, Koninklijke Ahold N.V., being its registered name, presents itself under the name of “Royal Ahold” or simply “Ahold”.