UK: SAFEWAY ATTRACTS TAKEOVER INTEREST
Article Abstract:
In preparation for the results of a Competition Commission enquiry into supermarket pricing, supermarkets and financial groups in the UK are already taking the initial steps towards the possible acquisition of weaker rival Safeway. The commission is thought to be against further consolidation of the market, but if its recommendations are not too tough, supermarket chains such as J Sainsbury, Waitrose and Tesco could all attempt to take over Safeway. Safeway has attracted interest following a recovery under new chief executive Carlos Craido-Perez. Sainsbury could target Safeway stores in the north-east of England and in Scotland where it has little presence of its own. Venture capital interest could come from Kohlberg Kravis Roberts, a former owner of the Safeway chain in the US, or Nomura International of Japan.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: SAFEWAY AWARDS MAGAZINE SUPPLY CONTRACT
Article Abstract:
Safeway, the UK based supermarket group, has awarded an exclusive magazine supply contract with WH Smith
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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US: KINGS TO BE BOUGHT BY DIGIORGIO?
Article Abstract:
DiGirgio, which operates Bally casinos, looks the likely buyer of the US-based Kings supermarket chain currently owned by
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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