Playing Guess the Buyer – The Albertsons Edition
By George Anderson
For those keeping score, Tesco, Carrefour, Delhaize, Wal-Mart and CVS are among the large international and domestic retail chains that have reportedly expressed some interest in acquiring all or part of Albertsons.
The latest report from out of the U.K. from a publication called The Business, says Tesco has sent a team of executives to the U.S. to look for possible takeover targets including, but not limited to, Albertsons.
Tesco, as is standard operating procedure in such matters, has refused comment.
While reports have begun to look at possible chains that might be interested in acquiring Albertsons or some of its businesses, many still believe the eventual winner in any bidding is likely to be an investment firm.
Moderator’s Comment: Does Albertsons need fixing? What should any potential acquirer of the chain know about the company as whole and its various divisions?
George Anderson – Moderator