{"id":4869,"date":"2006-08-14T00:00:00","date_gmt":"2006-08-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-seek-ahold-break-up","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2006\/hedge-funds-seek-ahold-break-up.html","title":{"rendered":"Hedge funds seek Ahold break-up"},"content":{"rendered":"<p>  AMSTERDAM (Reuters) &#8211; Dutch food retailer Ahold came under pressure to break apart by hedge funds Paulson &amp; Co. Inc. and Centaurus Capital, which said such a move would boost its market value  by more than a quarter.<\/p>\n<p>  The two funds said they jointly held 6.4 percent and planned to enter a &#8220;constructive dialogue&#8221; with Ahold management and shareholders to push for a restructuring that could raise the retailer&#8217;s  market value to more than 9 euros per share, or around 14 billion euros ($18 billion) from a current capitalization of over 11 billion euros.<\/p>\n<p>  Ahold shares were up 3.4 percent on Euronext Amsterdam at 7.36 euros at 1005 GMT, outperforming a 0.5 percent rise on the DJ Stoxx retail index.<\/p>\n<p>  <a href=  \"http:\/\/news.google.com\/news\/url?sa=T&amp;ct=us\/0-0&amp;fd=R&amp;url=http:\/\/today.reuters.com\/news\/newsArticle.aspx%3Ftype%3DbusinessNews%26storyID%3D2006-08-14T123057Z_01_L14128789_RTRUKOC_0_US-RETAIL-AHOLD.xml%26archived%3DFalse&amp;cid=0&amp;ei=7m7gRLSyCIakpQKQq7HuCA\">  <strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMSTERDAM (Reuters) &#8211; Dutch food retailer Ahold came under pressure to break apart by hedge funds Paulson &amp; Co. Inc. and Centaurus Capital, which said such a move would boost its market value by more than a quarter. The two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4869","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4869"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4869\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}