Zaandam, the Netherlands - Ahold and Delhaize Group today announced the filing of the common draft terms of the cross-border merger (the Joint Merger Proposal).
Delhaize today filed the Joint Merger Proposal at the Brussels Commercial Court. This is one of the required steps ahead of convening the companies' respective Extraordinary General Meetings of shareholders, which are expected to take place in the first half of 2016.
The Joint Merger Proposal, together with the draft Articles of Association of the future combined company, are available at www.adcombined.com, www.ahold.com and www.delhaizegroup.com.
On June 24, 2015, Ahold and Delhaize Group announced their intention to merge, creating an international retailer with a portfolio of strong, trusted local brands and more than 375,000 associates serving more than 50 million customers each week in the United States and Europe.
The transaction is expected to be completed mid-2016, following associate consultation procedures, shareholder approval and regulatory clearances.
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Source: Ahold via Globenewswire
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