Check-out lane. (Panorama).Dutch food retailer Royal Ahold a·hold n. Hold; grip: "I knew I could make it all right if I got . . . back to the hotel and got ahold of that bottle of brandy" Jimmy Breslin. is ready to sell 426 stores in Argentina Argentina (ärjəntē`nə, Span. ärhāntē`nä), officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. , Brazil, Paraguay and Peru. The company plans to jettison jettison (jĕt`əsən, –zən) [O.Fr.,=throwing], in maritime law, casting all or part of a ship's cargo overboard to lighten the vessel or to meet some danger, such as fire. its Latin American subsidiaries with 2002 sales of approximately US$2.5 billion to reduce its $13 billion debt. Royal Ahold admits to overstating profits by over $500 million worldwide during the past two years. Before the accounting scandal erupted, the company was in talks to sell its Santa Isabel Santa Isabel: see Malabo, Equatorial Guinea. Santa Isabel or Ysabel Island, central Solomon Islands, western South Pacific Ocean. brand supermarkets in Chile for approximately $150 million. The food retailer has not set a time frame to sell any of its assets. |
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