{"id":5000,"date":"2006-09-11T00:00:00","date_gmt":"2006-09-11T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"rpt-ahold-board-split-over-hedge-fund-call-for-break-up-of-business","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2006\/rpt-ahold-board-split-over-hedge-fund-call-for-break-up-of-business.html","title":{"rendered":"RPT Ahold board split over hedge fund call for break-up of business"},"content":{"rendered":"<p>  Forbes &#8211; <span class=\"mainarttxt\">The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus  Capital and Paulson &amp; Co, The Business newspaper reported, citing a source close to the company.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">&#8216;The board is divided. Everything is on the table. It is not smooth sailing, and it&#8217;s going to take a little more time,&#8217; the source told the newspaper.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">According to the report, the hedge funds believe Ahold, the world&#8217;s fourth-largest grocer, has more value broken up and have called for the sale of the core American  business, which accounts for 70 pct of group sales and includes the Stop &amp; Shop, Giant and Tops supermarket chains.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">An Ahold spokesman declined to comment to the newspaper.<\/span><\/p>\n<p>  <span class=\"mainarttxt\">The supermarket chain, which reported better-than-expected second-quarter figures last Thursday, is undergoing a strategy review with proposals expected to be announced  alongside the next quarter&#8217;s results in December.<\/span><\/p>\n<p>  <a href=\"http:\/\/www.forbes.com\/business\/feeds\/afx\/2006\/09\/10\/afx3005355.html\">Read Complete Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forbes &#8211; The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus Capital and Paulson &amp; Co, The Business newspaper reported, citing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5000","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5000"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5000\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}