Albertsons Cos., the grocery-chain operator backed by Cerberus Capital Management, has held preliminary talks to merge with Sprouts Farmers Market Inc., people with knowledge of the matter said.
discussions, which took place in recent weeks, are at an early stage
and may not lead to a deal, said the people, who asked not to be named
discussing private details. The talks have involved a plan to take
organic grocer Sprouts private and add it to Albertsons’ portfolio,
which includes eponymous grocery stores and the Safeway store brand.. . . more