Ahold sells Polish division to Carrefour

4 December 2006 — Amsterdam (NL): Ahold, the Dutch retailer, is to sell its troubled Polish division to Carrefour for €375 million euros ($496.4 million).

The selling price was originally expected to be in the region of only €175. It is believed the inflated price reflects Carrefour’s intent to win market share over its main rival, the UK retailer Tesco.