US grocery set for mega-merger

US: Albertsons owner Cerberus to buy Safeway

US grocery giant Safeway Inc has agreed to a takeover bid from private-equity firm Cerberus Capital Management, the owner of…

US: Kroger “interested in Safeway assets”

Kroger reportedly contacted fellow US grocery giant Safeway Inc to indicate its interest in buying part of the business. Two…

US: PE firm Cerberus “mulling move for Safeway”

Cerberus Capital Management, the US private-equity firm that acquired a chunk of Supervalu Inc's business earlier this year, is reportedly…

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

Albertson's LLC has had a transformative year. The private-equity owned company is investing in elevating its growth trajectory. A significant…

US: PE firm Cerberus “eyes more retail deals”

Private-equity firm Cerberus Capital Management, which earlier this year bought five food retail chains from Supervalu Inc, is said to…

US: Supervalu to sell off five chains to PE firm Cerberus

US retailer Supervalu Inc has agreed to sell five of its supermarket chains to AB Acquisition, an investor group led…