With Safeway, Cerberus acquires management talent
Albertsons, it appears, has acquired a succession plan for its aging lineup of leaders. Viewpoints read more Supermarket News
Tag: Cerberus
Cerberus Said Eyeing Safeway
PLEASANTON, Calif. — Safeway has engaged Goldman Sachs to explore a potential private equity takeover of all or part of the company, according to a Reuters report. read more Supermarket … Continue Reading →
Cerberus Bids for Harris Teeter: Report
NEW YORK — Cerberus Capital Management has bid to acquire Harris Teeter Supermarkets, Matthews, N.C., according to a report in the Wall Street Journal. read more Supermarket News
Cerberus Said Interested in Harris Teeter
MATTHEWS, N.C. — Cerberus Capital Management is among the private-equity firms considering a bid for Harris Teeter Supermarkets here, the Wall Street Journal reported Thursday. read more Supermarket News
Supervalu Completes Sale of Chains to Cerberus
MINNEAPOLIS, Minn. — Supervalu here on Thursday said it has completed the sale of its Albertsons, Acme, Jewel-Osco, Shaw’s and Star Market stores to AB Acquisition LLC, an affiliate of … Continue Reading →
Supervalu Shares Rise on Cerberus Deal
MINNEAPOLIS — Shares of Supervalu rose about 15% Thursday on the news that it was selling about half of its business. read more Supermarket News
Supervalu to Sell 5 Banners to Cerberus
MINNEAPOLIS — Supervalu here said Thursday that it has reached an agreement to sell its Albertsons, Jewel-Osco, Acme, and Shaw’s and Star Market banners to a group led by Cerberus … Continue Reading →
Cerberus Said Near Supervalu Deal
NEW YORK — Cerberus Capital Management here is close to an agreement on the acquisition of certain parts of Supervalu, the Wall Street Journal reported Friday. read more Supermarket News
Cerberus Said to Eye Albertsons, Save-A-Lot
NEW YORK — Cerberus Capital Management here may be considering the acquisition of Supervalu’s two largest banners — Albertsons and Save-A-Lot — according to reports on Wednesday. read more Supermarket … Continue Reading →