Deals
Ahold to Buy Online Retailer Bol.com for 350 Million Euros
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Royal Ahold NV, the Dutch owner of Stop & Shop stores, plans to acquire online retailer Bol.com for 350 million euros ($470 million) to boost Internet sales.
Bol.com, with 3.4 million active customers and net sales of 355 million euros last year, is being bought from NPM Capital NV and Cyrte Investments, Amsterdam-based Ahold said today in a statement. The online retailer offers products including books, entertainment, electronics and toys.