Ahold Delhaize: the Kroger/Albertsons merger is dead, now what?
As the Kroger/Albertsons merger is falling apart, we foresee revived M&A activity in the US grocery market and have taken a closer look at Ahold Delhaize's potential role in it. We would view any large-scale deal negatively, but welcome bolt-on acquisitions as long as they do not jeopardise Aho
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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