Ahold Delhaize Cash Tender Offer

Davis Polk advised the dealer managers in connection with a cash tender offer by Koninklijke Ahold Delhaize N.V. for up to $350 million principal amount of its 5.70% senior notes due 2040.

Headquartered in Zaandam, The Netherlands, Ahold Delhaize is one of the world’s largest food retail groups. Its family of local brands employs more than 370,000 associates in over 6,700 grocery and specialty stores, and serves more than 50 million customers each week in Europe, the United States and Indonesia. Ahold Delhaize is listed on the Euronext Amsterdam and Brussels stock exchanges under symbol “AD.”

The Davis Polk corporate team included partners John Banes and Leo Borchardt, counsel Radoslaw Michalak and associate Grecia Barboza. Counsel Alon Gurfinkel and associate Omer Harel provided tax advice. Members of the Davis Polk team are based in the London and New York offices.