Albertsons can’t find a grocery chain to take over
Cerberus Capital-controlled Albertsons, America’s second-largest
grocery chain, had approached Sprouts Farmers Market months ago, but
Sprouts is now trading at too high a multiple for a transaction to
happen, two sources close to the situation said.
Albertsons also sniffed around Whole Foods Market in what could be a
$14 billion merger, but Whole Foods has not been a willing seller, one
of the sources said.. . . more