US: Sears rumoured interest in Safeway

By just-food.com | 10 November 2006

Rumours that Sears Holdings could be considering making a bid to acquire Safeway in a deal valued at over US$20bn have had little impact on the supermarket group's share price, with analysts suggesting that such a move seems highly unlikely.

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Rumours that Sears Holdings could be considering making a bid to acquire Safeway in a deal valued at over US$20bn have had little impact on the supermarket group's share price, with analysts suggesting that such a move seems highly unlikely.

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