Delhaize, BI-LO Complete Deal

Delhaize, BI-LO complete deal Progressive Grocer Jun 2, 2014 Delhaize Group said Monday that it had completed the divestment of its Sweetbay, Harveys and Reid’s stores to Bi-Lo Holdings for $246 million in cash, subject to post-closing adjustments. That deal was first announced a year ago and has been closing in a series of transactions […]

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Bi-Lo divests 12 stores in Sweetbay deal

Bi-Lo divests 12 stores in Sweetbay deal Supermarket News Feb. 25, 2014 Jon Springer Bi-Lo Holdings has agreed to sell 12 supermarkets in Florida, Georgia and South Carolina to settle Federal Trade Commission charges related to its acquisition of the Sweetbay, Harveys and Reid’s chains from Delhaize America. In addition, Delhaize has agreed to retain […]

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