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Reports: Albertsons Considering Whole Foods Market Buy


Last updated on June 14th, 2024 at 09:11 am

Albertsons Cos. is reportedly exploring buying Whole Foods Market, according to a report from the Financial Times.

Citing the Financial Times and its sources, Business Insider reports that the private equity funds that own Albertsons, including Cerberus Capital Management, “have held talks with bankers regarding a takeover of Whole Foods.”

Earlier this month, it was announced that activist investor Jana Partners had taken a 9 percent stake in Whole Foods and was pushing the Austin, Texas-based grocery chain to consider a sale.

Speculation about possible Albertsons’ takeovers has been high of late, including that the company was looking to merge with Sprouts Farmers Market and purchase grocery cooperative Central Grocers and its Strack & Van Til chain.

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The Shelby Report delivers complete grocery news and supermarket insights nationwide through the distribution of five monthly regional print and digital editions. Serving the retail food trade since 1967, The Shelby Report is “Region Wise. Nationwide.”

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