Dutch retailer Super de Boer has revealed that the sale of its business to Jumbo Groep Holding B.V. has been finalised following approval by the NMa, positive advice from the group's works council and the approval by the shareholders of Super de Boer.
Super de Boer will make one single advance liquidation payment in an amount of €4.82 per share to shareholder, subject to any unforeseen circumstances, to be made on 28 December 2009.
'As from today, Super de Boer is in liquidation,' the group said in a statement. 'As from today, Super de Boer's business is for the risk and account of Jumbo.'
Following the 28 December distribution to shareholders, all assets available for will have been distributed, the group said.
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