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Grocery & Drug Stores M&A image Grocery & Drug Stores M&A » By The Online Investor Staff, updated Thu., May. 13, 6:52 PM Recent mergers and acquisitions in the Grocery & Drug Stores M&A category.

Slide #40. Bi-Lo Holdings Sweetbay, Harveys and Reid's

Acquirer: Bi-Lo Holdings
Acquiree: Sweetbay, Harveys and Reid's (DEG)
Details: Bi-Lo Holdings, LLC ("Bi-Lo Holdings"), parent company of the BI-LO and Winn-Dixie grocery store chains, today announced that it has entered into a definitive agreement with Delhaize Group (Euronext Brussels: DELB - NYSE:DEG) ("Delhaize") via Bi-Lo Holdings' wholly owned subsidiary, BI-LO, LLC, under which Bi-Lo Holdings will acquire substantially all of the stores in the Sweetbay, Harveys and Reid's supermarket chains from Delhaize for $265 million in cash.



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Company Name: 
Delhaize Group SA
Website: 
www.delhaizegroup.com
Sector: 
Grocery & Drug Stores
 

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Buy (3.33 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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