-
Deutsche Bank: Kroger in the running for Safeway in addition to Cerberus
NEW YORK — Deutsche Bank on Thursday speculated that either Cerberus or Kroger could acquire Safeway.
The firm noted that divestitures in a Kroger acquisition would exceed those in a Cerberus buyout.
A Bloomberg report published last week suggested Cerberus was the lead bidder for Safeway's operations.
-
Albertson's LLC and New Albertson's promote Navarro, name new CFO
BOISE, Idaho — AB Acquisition LLC, which operates Albertson’s LLC and New Albertson’s Inc., has appointed Rick Navarro, who had been the company’s CFO since its inception in 2006, as chief administrative officer. Succeeding Navarro as the company’s CFO is former Nash Finch executive Robert Dimond.
In his new role, Navarro will oversee the IT, legal, business development, human resources and public affairs functions.