Bloomberg: Royal Ahold possibly one step closer to making bid for Harris Teeter

NEW YORK — Royal Ahold may be one step closer to acquiring Harris Teeter, though the Dutch supermarket conglomerate has yet to make a formal bid, according to a story published Friday morning by Bloomberg

Citing persons familiar with any potential acquisition pursuit, Bloomberg reported Ahold has contacted JPMorgan Chase, which has been retained by Harris Teeter to evaluate options.

The Bloomberg report tabulated Harris Teeter’s market value at $2 billion.


Like this story? Find us on Facebook for more insight, analysis and the latest in drug store news. Join the conversation.