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Tuesday January 8 2002
COMPANY NEWS
Ahold 2001 sales surge 27% to record Eur 66.6 bn
Ahold on Tuesday reported full-year 2001 consolidated sales of Euro 66.6 billion, a 27% increase over the Euro 52.5 billion sales generated in 2000. Organic sales growth at constant currency rates was 6.4% higher for the year. Ahold reconfirmed its full-year 2001 outlook of 15% earnings per share growth, excluding currency impact, goodwill amortization and exceptional one-time charges related to the acquisition of Alliant Foodservice and the Argentine Peso devaluation.
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Antonov: exercise of Series 3 Warrants
The Company has been notified on January 7, 2002 by an Antonov warrantholder of the exercise of their subscription rights in respect of Antonov Series 3 Warrants to subscribe for 1,040,000 ordinary shares of 5 pence each in the capital of Antonov ("Ordinary Shares"). The subscription price payable for each Ordinary Share is 24 pence and subscription monies for the aggregate subscription amount of GBP 249,600 have been received by Antonov.
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Frans Maas expands activities in Italy
Koninklijke Frans Maas Groep N.V. has acquired the logistics and freight forwarding activities of Cargo Service S.r.l. of Fidenza (PR), Italy. Cargo Service S.r.l., with subsidiaries in Germany, France and Spain, is, among other things, a service provider for the Italian company Bormioli SPA, global market leader in glass products.
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Seagull: Alexandra delivers Self-Service Application Tailored
SEAGULL,today announced that Alexandra plc has implemented the company's TigerRay solution for legacy extension to provide customized self-service access to defined back-office order entry functions through an HTML interface. Alexandra plc is Europe's leader in the design, marketing and supply of professional clothing, servicing approximately 200,000 customers worldwide for clothing needs, including industrial work wear, hospitality and healthcare garments.
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Unilever sells Unimills to Golden Hope Plantations
Today, Unilever in the Netherlands and Golden Hope Plantations Berhad in Malaysia announced that a definitive agreement was signed on the sale of Unilever's refinery business of Unimills at Zwijndrecht, the Netherlands to Golden Hope for approximately € 60 million in cash. The intention to sell Unimills was announced on 27 June 2001 and the discussions with Golden Hope Plantations were announced in November 2001.
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Sale of FAO Schwarz to The Right Start completed
Royal Vendex KBB N.V. has completed the sale of its American affiliated company FAO Schwarz. The sale contracts were signed on Monday in New York, thereby implementing the transfer of FAO Schwarz to The Right Start,. A sale agreement in principle had already been concluded on November 19, 2001. Vendex KBB has sold the (loss-making) company because of its incompatibility with the group's Europe-oriented strategy.
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