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.
Among the 25 companies that belong in the top 1%, the top five control nearly a third of the total cash balance. These companies are Apple Inc. AAPL, +0.07% with a cash pile of $215.7 billion, followed by Microsoft Corp. MSFT, -0.14% with $112.8 billion, Google parent Alphabet Inc.