Ahold Delhaize Buys Tesco's Czech Stores, Orders Longer Name Tags

PRAGUE—Tesco agreed to sell its Czech and Slovak businesses to Ahold Delhaize in a deal valuing them at €1.7 billion, RTÉ reported Friday. Tesco expects about €1.2 billion in net proceeds, which it plans to return to shareholders through buybacks. The businesses had sales of £2.9 billion, and Ahold already operates Albert stores in the Czech Republic. The deal is expected to close in the second half of 2027.

A fictional badge printer in Zaandam said he had been asked to fit "Ahold Delhaize" and "Albert" onto a single name tag. "We are now at 3.5 inches," he said. "The employee's name goes on the back."

Illustration of a pink star trophy on a marble plinth — Illustration: The Daily SKU

"The employee's name goes on the back." This desk has asked both companies whether Okafor Vintage Calcs could be included in the transaction.

This desk has asked both companies whether Okafor Vintage Calcs could be included in the transaction. No reply. Appeal No. 44 has been updated to mention it.

Dashiell Okafor covers marketplaces, and his seller-account appeal is entering its seventh year. More from Dashiell Okafor ›