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  • Reuters reports that Ahold CFO Dudley Eustace says that he wants to bring the company's debt level to below its equity level. The company's debt level has been reported to be the equivalent of about $14 billion (US); Ahold's equity is roughly $5.6 billion (US).

  • At the company's annual meeting, executives said that Ahold's Albert Heijn chain in The Netherlands is "healthy" despite pressure on margins created by aggressive competition.

  • Reuters reports that CEO Anders Moberg asked investors for a 120-150 day "honeymoon" as he tries to figure out what needs to be fixed at the company. "I will do everything I can to restore value and common sense at Ahold."

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