March 13, 2013 / 2:10 PM / in 5 years

BRIEF-Hakon deal to buy Ahold out of ICA chain gets key retailer support

STOCKHOLM, March 13 (Reuters) - Hakon Invest : * The association of ICA retailers approves participation in Hakon invest’s new

issue * Hakon Invest’s agreement with Ahold on buying the remaining 60 percent of the shares in ICA was conditional upon approval from an association of ICA retailers backing participation in the planned new issue. * Hakon Invest previously received approval from the competition authorities in Sweden and Norway.

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