Key Developments: Delhaize Group SA (DELB.BR)

DELB.BR on Brussels Stock Exchange

58.79EUR
28 Nov 2014
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€0.16 (+0.27%)
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€58.63
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€59.79
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Latest Key Developments (Source: Significant Developments)

Delhaize Group issues FY 2014 Capex guidance above analyst estimates
Thursday, 6 Nov 2014 01:00am EST 

Delhaize Group:Sees FY 2014 Capex of about 625 million euros.FY 2014 Capex 610.9 million euros - Thomson Reuters I/B/E/S.  Full Article

Delhaize Group to sell Bottom Dollar Food store locations
Wednesday, 5 Nov 2014 09:01pm EST 

Delhaize Group:Signs agreement to sell ALDI Inc. Bottom Dollar Food's 66 store locations in greater Philadelphia and greater Pittsburgh markets for about $15 mln.Price includes assumption of associated lease liabilities.Transaction expected to result in asset impairment and other charges for Delhaize Group of about $180 mln.All stores are anticipated to remain open as Bottom Dollar Food stores until year-end.Transaction subject to customary closing conditions and expected to be completed by end of Q1 2015.  Full Article

Delhaize Group joins Coopernic
Monday, 29 Sep 2014 02:01am EDT 

Delhaize Group:Says it will join Coopernic, the European Buying Alliance as from Jan. 2015.Coopernic is currently formed around E. Leclerc and will be joined this October by Coop Italia.The three companies have decided to collaborate on private brands, commercial terms with international suppliers and synergies in non-food procurement.  Full Article

Delhaize Group completes sale of its Bosnian and Herzegovinian stores
Friday, 8 Aug 2014 07:01am EDT 

Delhaize Group:Announces that it has completed the divestment of its Bosnian and Herzegovinian stores to Tropic Group B.V.  Full Article

Delhaize Belgium to cut up to 2,500 jobs
Wednesday, 11 Jun 2014 02:27am EDT 

Delhaize Belgium:To cut up to 2,500 jobs in coming three years.To terminate activities at 14 shops.Cuts to help generate funds enabling company to invest additional 450 million euros in commercial strategy.  Full Article

Delhaize Group completes divestment of its Bulgarian operations to AP Mart
Tuesday, 10 Jun 2014 11:45am EDT 

Delhaize Group:Completes divestment of its Bulgarian operations to AP Mart.  Full Article

Delhaize completes divestment of Sweetbay, Harveys, Reid's and U.S. distribution centre
Monday, 2 Jun 2014 02:01am EDT 

Delhaize Group:Divestment of Sweetbay, Harveys and Reid's operations to Bi-Lo Holdings for cash amount of $246 mln completed.Transaction subject to customary post-closing adjustments.Sale of company's distribution center in Plant City, Florida to C&S Wholesale Grocers for $28 mln completed in separate transaction as well.  Full Article

Delhaize Group to sell Bosnian & Herzegovinian stores
Tuesday, 1 Apr 2014 06:08am EDT 

Delhaize Group:Signs agreement with Tropic Group BV on the sale of all of its 39 Bosnian & Herzegovinian stores.Transaction is expected to be completed in third quarter.  Full Article

Delhaize Group proposes FY 2013 dividend and plans new stores
Thursday, 13 Mar 2014 02:01am EDT 

Delhaize Group:Proposes FY 2013 dividend of 1.56 euros per share, up 11 pct.Plans to open 180 new stores in FY 2014.  Full Article

Delhaize Group to sell Bulgarian operations to AP Mart
Wednesday, 26 Feb 2014 08:18am EST 

Delhaize Group:Signs an agreement with AP Mart on the sale of its Bulgarian operations.Transaction expected to complete in the second quarter subject to regulatory approval, customary closing conditions and working capital adjustments.  Full Article

Strong U.S. performance boosts Delhaize third-quarter results

BRUSSELS - Belgian supermarket group Delhaize on Thursday reported better-than-expected operating profit for the third quarter, entirely driven by a strong performance of its business in the United States.

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