Ahold Shareholders Give Nod To Proposed Merger With Delhaize

Ahold shareholders approved the retailer’s proposed merger with Delhaize Group. During an Extraordinary General Meeting in Amsterdam, 129 shareholders, representing about 869 million shares of the company’s stock, voted in favor of the deal announced on June 24, 2015. During the meeting, Ahold shareholders approved the appointments of members of the future Ahold Delhaize Management Board and the Supervisory Board. Also, shareholders approved a proposal to return around €1 billion to shareholders through a capital repayment and reverse stock split.