Skip to main content

Reuters: Safeway a target for possible buyout

10/23/2013

NEW YORK — All or part of Safeway soon may be a target for a possible buyout, according to a Reuters report published Wednesday morning citing people familiar with the matter. 


According to the report, several buyout firms, including Cerberus Capital Management, are exploring a deal for the supermarket chain currently valued at $8 billion. 


Safeway is not running an auction; however, executives are aware of the interest and are reviewing options with Goldman Sachs Group, Reuters reported. 


 


 

X
This ad will auto-close in 10 seconds