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BRIEF-Ahold says to acquire Spar's business in Czech Republic
March 11, 2014 / 6:15 AM / 4 years ago

BRIEF-Ahold says to acquire Spar's business in Czech Republic

AMSTERDAM, March 11 (Reuters) - Koninklijke Ahold NV : * Ahold agrees strategic acquisition in the Czech Republic * Entered into an agreement to acquire Spar’s business in the Czech Republic for an enterprise value of CZK 5,245 million * Says acquisition is in line with Ahold‘S strategy to expand its geographic reach in both current and adjacent markets * Following acquisition of Spar, company will have over 330 stores in Czech

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