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Ahold Delhaize's €1.3 billion acquisition of Romanian retailer Profi conditionally approved with store divestments.
The Romanian Competition Council has conditionally approved Ahold Delhaize's acquisition of Profi, a major Romanian food retailer with 1,751 stores and €2.7 billion in annual sales.
To address competition concerns, Ahold Delhaize will divest 87 stores in overlapping areas and maintain commercial terms for suppliers.
The deal, valued at €1.3 billion, is expected to close in January 2025, enhancing Ahold Delhaize's presence in both urban and rural areas in Romania.
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La adquisición por parte de Ahold Delhaize de 1.300 millones de euros del minorista rumano Profi fue aprobada condicionalmente con desinversiones en tiendas.