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Europe Daily Bulletin No. 8750

17 July 2004
Contents Publication in full By article 47 / 51
ECONOMIC INTERPENETRATION / (eu) distribution

The Dutch AHOLD is to buy 20% of the Swedish supermarket chain ICA from the Norwegian group CANICA, under an agreement between the two groups. AHOLD already holds 50% of ICA, and the rest belongs to investment group ICA FORBUNDET INVEST. AHOLD and CANICA have, however, fallen out over the purchase price. The Norwegian group puts the price at 1.1 billion EUR, whereas AHOLD values 20% of ICA at 840 million.

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A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
TIMETABLE
ECONOMIC INTERPENETRATION