Ahold owns Stop & Shop and Giant stores. Credit Christopher Lane for The New York Times. The merger agreement between the Dutch supermarket operator Ahold and the Delhaize Group of Belgium on Wednesday reflected yet another sign of the malaise hanging over the grocery business in the United States.
(ALICO) to MetLife Inc. for $15.5 billion in cash and MetLife stock. Bloomberg L.P. reported on March 29 that after almost three months of delays, AIG had completed the $500 million sale of a portion of its asset management business, branded PineBridge Investments, to the Asia-based Pacific Century Group.
Morgan Chase, AIG, and Bank of America are among its top holdingsâcompared with the 16% average for large-cap value funds. Although bank stocks have recovered since the 2008 downturn, their 17.7% average annual return over the past three years trails the overall marketâs gains of 21% a year.