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Carrefour's hyper transaction

The deal was announced in November, but several conditions, including anti-trust approval, waylaid it. Later this year, Ahold plans to sell its only remaining Hypernova store. In future,it will concentrate on the further development of two store formats it manages, the Albert supermarkets and Hypernova compact-hypermarkets. At the moment, it operates 170 Albert outlets, and 13 Hypernova branches, which cover a total area of more than 250,000 sqm.

Ahold has been in Poland since 1995. Two years ago, the company consolidated its operations in Poland, the Czech Republic and Slovakia to form Ahold Central Europe. It employs 12,000 people. In 2003, Ahold's consolidated net sales were EUR56.1 (zł.219) billion, and Ahold Central Europe generated net sales of EUR1.58 (zł.6.17) billion.
A.B.

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