Two Ahold Shareholders Call for Ahold to Sell off U.S. Divisions
AMSTERDAM -- On the heels of Ahold's flat second-quarter sales growth overall and particularly disappointing results for its American divisions, Centaurus Capital, Ltd., based in London and New York's Paulson & Co., shareholders of Royal Ahold here, issued a statement calling for the retail conglomerate to sell its U.S. businesses and "become a pure-play European player," noting that Ahold "needs drastic strategic action to deliver shareholder value." The two hedge funds own a combined 6.4 percent stake in Ahold.