Ahold completes sale of BI-LO and Bruno's

Dutch retailer Ahold has announced that it has completed the sale of its US subsidiaries BI-LO and Bruno's to private investment company Lone Star Funds. BI-LO and Bruno's are two of the leading food retail chains in the southeastern region of the United States with a combined store count of over 450 supermarkets and combined 2003 net sales of approximately EUR 4.7 billion.