Ahold Delhaize postpones the IPO of bol.com | Photo credits: Delhaize Group
AMSTERDAM, Aug 10 (Reuters) – Dutch retailer Ahold Delhaize said on Wednesday it was postponing a planned IPO for its online non-food retailer bol.com due to unfavorable market conditions.
The group had planned to take its bol.com subsidiary to the stock market in the second half of the year, but said it had decided to put the plan on hold and would review it when equity market conditions would be “more conducive”.
(Report Anthony Deutsch; French version Valentine Baldassari, edited by Kate Entringer)