Delhaize Group launches consent solicitation

BRUSSELS, Belgium, December 18, 2015 – On June 24, 2015, Koninklijke Ahold N.V. and Delhaize Group S.A./N.V. announced their intention to combine their businesses through a merger of equals. Subsequently, the combined entity will be named Ahold Delhaize.

Upon completion of the merger, Delhaize Group will be dissolved without going into liquidation and shall cease to exist. As a result, holders of the two tranches of Delhaize Group’s Euro denominated bonds are invited to approve the change of issuer and to consent to various technical amendments in relation to the legal structure following the merger at two general meetings of the bondholders. The meetings will be held on January 11, 2016.

Delhaize Group

Delhaize Group is a Belgian international food retailer present in seven countries on three continents. At the end of the third quarter of 2015, Delhaize Group’s sales network consisted of 3 465 stores. In 2014, Delhaize Group posted €21.4 billion ($28.4 billion) in revenues and €89 million ($118 million) in net profit (Group share). At the end of 2014, Delhaize Group employed approximately 150 000 people. Delhaize Group’s stock is listed on NYSE Euronext Brussels (DELB) and the New York Stock Exchange (DEG).