SUPERVALU resumes acquisition discussions with Albertsons
Announces that it has resumed discussions with Albertson's, Inc. regarding an acquisition of Albertsons by a consortium of investors which includes SUPERVALU.
23/01/06 SUPERVALU INC. has announced that it has resumed discussions with Albertson's, Inc. regarding an acquisition of Albertsons by a consortium of investors which includes SUPERVALU. There is no guarantee that these discussions will result in a definitive agreement.
Celebrating its 135th year of fresh thinking, SUPERVALU INC., a Fortune 500 company, is one of the largest companies in the United States grocery channel. With annual revenues of approximately $20 billion, SUPERVALU holds leading market share positions across the U.S. with its 1,546 retail grocery locations, including licensed locations. Through SUPERVALU's geographically diverse supply chain network, the company provides distribution and related logistics support services to grocery retailers across the nation. SUPERVALU currently has approximately 57,000 employees.
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