Moody’s could lift Delhaize

Moody's Investors Service said it placed Delhaize Group's Baa3 long-term issuer and senior unsecured ratings and Delhaize America, LLC's Baa3 senior unsecured rating on review for upgrade.

"We are considering an upgrade of Delhaize's ratings following yesterday's announcement of a proposed combination of businesses with Ahold, through a merger of equals," Sven Reinke, Moody's vice president, senior analyst and lead analyst for Delhaize, said in a news release. "Our review will primarily focus on the effect on Delhaize's business profile and potential synergies of the proposed merger."

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