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Slide #40. Bi-Lo Holdings — Sweetbay, Harveys and Reid's
Sweetbay, Harveys and Reid's (DEG)
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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