Ahold Delhaize is reportedly in takeover negotiations with Albertsons, one of the largest supermarket groups in the United States. As of yet, the Benelux retail giant refuses to confirm or deny…
Caught by aircraft spotters
Ahold Delhaize is rumoured to be in talks with Albertsons, the tenth largest retailer in the US. The reason for the rumours? Two Albertsons planes that were spotted last week at Bedford Airport, next to Ahold Delhaize’s US base in Massachusetts. This was first reported by Seeking Alpha, based on plane spotters and investment research advisers at Gordon Haskett.
Despite the unexpected sources, it might well be true. There is no doubt that Albertsons is in a tough spot: the supermarket chain has had to promise investors that it would strategically review its portfolio. This portfolio is mainly to be found in the western part of the US, with 2,300 shops (including the Safeway and Jewel-Osco chains).Retail Detail