Ahold Will Buy Back $2.6 Billion After Swedish Retailer Sale

Ahold Will Buy Back $2.6 Billion After Swedish Retailer Sale

Casper Hedberg/Bloomberg

Royal Ahold NV sold its 60 percent stake in ICA, Sweden’s largest food retailer, to Hakon Invest AB, a Swedish investment company, for $3.1 billion during the quarter to focus on businesses that it controls.