Royal Ahold NV Chief Executive Officer Dick Boer said the company has the financial means for growth and is waiting for the right opportunity and the right time for an acquisition, NRC Handelsblad reported.
The company has three criteria for acquisitions, De Boer said in an interview with the Dutch daily. Takeover targets must be easy to integrate into the company, they must fit with Ahold’s goal of becoming first or second in all its markets, and they must be affordable, he said.
To contact the reporter on this story: John Buckley in Amsterdam at email@example.com
To contact the editor responsible for this story: Dick Schumacher at firstname.lastname@example.org.