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In other bad news for Ahold, the Chilean retailer Distribution y Servicio (DYS) claims that it is owed $45 million by the Dutch retailer, and has taken legal steps to recover the money.

The conflict stems from Ahold's Chilean Disco unit reported missing of a Wednesday deadline to pay $90 million Disco owed DYS for the acquisition of 10 Argentine supermarkets in 2000. The original deadline was last Friday, at which point Ahold said it only owed $45 million because of the devaluing of the Chilean currency.
KC's View:
Sounds like Ahold has some real accountant issues, doesn't it?