Americold to Record $305M-$320M Impairment as It Winds Down Partnership with Ahold Delhaize
Americold Realty Trust (COLD) announced a planned impairment charge of between $305 million and $320 million due to the wind down of its partnership with Ahold Delhaize USA. The decision comes after both companies agreed to end their automated retail distribution center collaboration, leading to a 2.6% drop in Americold's stock price during premarket trading.
Tickers: $COLD