Royal Ahold/Delhaize €25 billion merger

Overview:

• Dutch Royal Ahold and Belgian Delhaize have completed their €25 billion merger.
• Newly formed Ahold Delhaize is the largest food retailer in Europe and the fifth-largest in the US.
• The deal included an €800 million consent solicitation by Delhaize.
• Goldman Sachs International and JPMorgan acted as financial advisers for Ahold, while BofA Merrill Lynch, Lazard, and Deutsche Bank were financial advisers for Delhaize.
• This was one of the largest cross-border mergers ever done in Europe.
• The company is now listed on both the Amsterdam and Brussels Stock Exchanges.
• The deal was first announced in June, 2015.

Kurt Stumpo - Journalist