Ahold's Eu3bn rescue rights on course despite fresh loss and US scandal news

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Ahold's Eu3bn rescue rights on course despite fresh loss and US scandal news

November 28, 2003 12:00 AM

Ahold, the world's third largest retailer, announced pricing for its Eu3bn rights issue this week amid a hail of bad news, including an unexpected third quarter loss and continuing revelations about the $1.2bn accounting scandal in its US subsidiary.

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