AMSTERDAM (Reuters) – Supermarket major Ahold Delhaize said on Wednesday it was postponing plans for an initial public offering (IPO) of its non-food retailer, Bol.com, because of unfavourable market conditions.
The group had planned to list Bol.com in the second half of the year, but said in a quarterly earnings statement it had decided to suspend this, adding that it would revisit the plans when equity market conditions are “more conducive”.
(Reporting by Anthony Deutsch; Editing by Clarence Fernandez)
