Albertson's LLC

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US: PE firm Cerberus "mulling move for Safeway"

23 Oct 2013

Cerberus Capital Management, the US private-equity firm that acquired a chunk of Supervalu's business earlier this year, is reportedly weighing up a move for another US grocer, Safeway.

Editor's choice: the highlights on just-food last week

23 Sep 2013

Danone was this week under scrutiny in China amid claims local staff bribed hospitals to promote its baby food products in the country. The allegations are the latest blow to the reputation of Western firms in China following price fixing on formula and the Fonterra botulism saga. The stories will not harm the reputation of China's dairies and, this week, one processor, China Huishan Dairy Holdings Co., launched a successful IPO in Hong Kong.

In the spotlight: Albertson's LLC hungry for more after United Supermarkets buy

16 Sep 2013

Albertson's LLC has had a transformative year. The private-equity owned company is investing in trying to elevating its growth trajectory. A significant step in this direction was made when the group acquired the remaining Albertsons stores - and rights to the Albertsons name - from SuperValu, along with the Jewel-Osco, Acme, Shaw's and Star Market chains. Last week's acquisition of United Supermarkets builds on that foundation and comes as further evidence the firm, and its financial backers, are committed to driving growth through M&A. Katy Askew reports.

Editor's choice: the highlights on just-food last week

16 Sep 2013

Tesco finally drew a line under its failure in the US with a deal to offload its Fresh & Easy business to investment fund Yucaipa. The detail of the agreement, however, was a rather apt way to end the venture. UK rival Morrisons announced lower half-year sales and profits but a capex cut cheered the City. Elsewhere, we analysed New Zealand's attempt to restore the reputation of its dairy industry after the Fonterra botulism saga, while we interviewed the CEO of US gluten-free firm Boulder Brands.

US: Albertson's snaps up United Supermarkets

10 Sep 2013

US supermarket group Albertson's LLC has struck a deal to acquire family-owned Texan supermarket chain United Supermarkets.



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