Acquisition Of Albertsons May Have A New Suitor In Kroger

Safeway Inc. (NYSE:SWY), the second largest US supermarket chain, is on the verge of being sold to the private-equity firm that owns Albertsons, the fifth largest – but the largest supermarket chain, Kroger, now may step in to complicate matters.

Antitrust issues?

Kroger is now considering a bid to purchase Safeway Inc. (NYSE:SWY), its larger competitor, according to a report in the Wall Street Journal. The report ultimately expects Safeway to be sold to Cerberus Capital Management LP, which owns Albertsons, due to anti-trust concerns with two direct competitors that would control the vast majority of the markets in which they serve being under the same roof.

Pushing...

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