Ahold May Be Interested in Parts of Albertsons
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Royal Ahold, the owner of Stop & Shop and Giant stores, may be interested in buying parts of Albertsons Inc., Royal Ahold Chief Executive Anders Moberg said.
He ruled out buying all of Albertsons, the second-largest U.S. supermarket company. Moberg said he had had no contact with Albertsons CEO Larry Johnston. Boise, Idaho-based Albertsons put itself up for sale last month.
Ahold is looking to expand again after a divestment program to pay down debt after inflating profit for three years. Moberg now wants to make “fill-in” acquisitions in markets where Ahold already operates to help fend off Wal-Mart Stores Inc.
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