US supermarket group Publix is reported to be interested in purchasing regional US retailer Harris Teeter.
According to Bloomberg, Publix will join Dutch retailer Ahold in making a bid for the retailer later this month. Ahold was last month reported to be interested in placing a bid for the 200-store company.
Go deeper with GlobalData
Harris Teeter last month confirmed it was exploring a possible sale. It said it was approached by two private-equity firms that had expressed an interest in purchasing the company.
Neither Publix nor Ahold have made a formal bid yet, sources told the publication.
Harris Teeter operates around 200 stores in North Carolina, South Carolina, Virginia, Georgia, Tennessee, Maryland, Delaware, Florida and Washington DC.
First-round bids are expected to be placed mid-March or later, Bloomberg reported.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataA spokesperson for Publix said the company did not comment on rumour or speculation.
