Deals
Delhaize, Ahold Shares Advance as Merger Talks Said to Progress
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Delhaize Group and Royal Ahold NV rose in early European trading after Bloomberg reported that merger talks between the Belgian and Dutch grocers are progressing, with the goal of reaching an agreement by the end of the month.
Delhaize gained as much as 5.3 percent to 83.20 euros in Brussels, extending its advance since talks were first reported last month to 15 percent. Ahold shares climbed as much as 2.4 percent to 18.67 euros in Amsterdam.