You are here
AMSTERDAM -- Ahold shares rose 3.3 percent yesterday on widespread market speculation the retail conglomerate's c.e.o. Anders Moberg is about to depart and that the company could be broken up imminently.
An unidentified trader told Dow Jones that "U.S. Foodservice management could be pushing for a split-up." U.S. Foodservice, based in Columbia, Md., is the troubled American division roiled by an accounting scandal that broke in early 2003.
Ahold hasn't commented on the rumors.