Belgian supermarket operator, Delhaize Group, will purchase Delta Maxi Group for €932.5 million, The Wall Street Journal reports. The price includes €300 million of debt that Delhaize would take on from the Serbian retailer. The Belgian company will finance the deal partly from cash and partly from an existing credit facility. Delhaize was advised by Bank of America Merrill Lynch, Lazard and Raffeisenbank on the deal.
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