date:May 23, 2014
turnover in annual reports than what was actually achieved. US Foodservice was sold for 7 billion in 2007, but Ahold remained accountable for the court cases which were subsequently taken against it.
In return, all parties will release their claims in relation to these pricing practices, the company said in a press release.
Ahold have until the beginning of 2015 to pay the settlement.
Former Ahold CEO Cees van der Hoeven lost his job because of the scandal and he was given a 30,000 fine. Form