The sale of US Foodservice would be part of a plan designed by Ahold’s interim chief financial officer Dudley Eustace, in a bid to reduce the grocer’s euro 12bn (£8bn) debt.
Ahold today said it would sell its Dutch candy store chain Jamin in a management buy-out. Last month it put its South America businesses up for sale and it has already sold an Indonesian operation.
Several sources close to Ahold have said it was now in early talks about a sale of its US subsidiary, US Foodservice. Ahold has declined to comment on the ‘rumours and speculations’ about a pending sale of US Foodservice.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements