Ahold Sells US Foodservice To KKR
In 2007, Ahold sells all US Foodservice assets to private equity firm KKR.
KKR operates US Foodservice as one its profolio companies with the most likely eventual plan to "cash out" US Foodservice by issuing shares on the New York Stock Exchange and paying off the acquisition debt.
Read more about this topic: S.E. Rykoff
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