Ahold Delhaize Considers IPO for Dutch Online Unit Bol.com (1)

Nov. 15, 2021, 8:02 AM UTC

Stop & Shop owner Royal Ahold Delhaize NV said it’s considering an initial public offering for Dutch online retail unit Bol.com as the pandemic-fueled boom in e-commerce attracts investors’ interest.

Bol.com aims to double its business by 2025 and keep its market-leading position in the Netherlands, where it’s bigger than Amazon.com Inc., Ahold Chief Executive Officer Frans Muller told reporters Monday. He said the company would offer a small stake and plans to keep control of the business. The transaction would take place in the second half of 2022. Ahold shares rose as much as 4.2% in Amsterdam.

Ahold ...

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