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. Last Updated: 07/27/2016

Dutch Expansion

ZAANDAM, Netherlands () -- Dutch supermarkets group Ahold NV said Monday it plans to raise about 3.2 billion guilders ($1.8 billion) by issuing new ordinary shares. Ahold said it would use the proceeds to finance its international expansion plans and in particular the recently announced takeover of U.S. group The Stop & Shop Companies Inc.