PLEASANTON, Calif. — The presence of $4 billion on Safeway’s balance sheet from the sale of its Canadian stores has apparently piqued the interest of private-equity buyers in possibly acquiring all or part of the supermarket company’s assets.
According to a Reuters report last week, Cerberus Capital Management, which owns Albertsons, Jewel-Osco, Shaw’s/Star Market and Acme, is among those companies interested in buying Safeway.
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