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Delhaize Group completes sale of Bottom Dollar

3/30/2015

BRUSSELS, Belgium — Delhaize Group has completed the sale of its Bottom Dollar Food store locations to ALDI.



As reported in November, Delhaize Group signed an agreement to sell its Bottom Dollar Food stores to deep-discount grocer Aldi for approximately $15 million, including the assumption of associated lease liabilities. The transaction involved 66 Bottom Dollar stores in the greater Philadelphia and Pittsburgh markets.

 


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