Speculation about potential mergers among some of the food retail industry's larger players arose last week after a year in which such buying and selling activity had virtually ground to a halt. According to one report, a spokesman for Tengelmann Group, A&P's largest shareholder, said A&P would consider a merger with a competitor “in the medium term.” Karl-Erivan Haub, chief executive officer of Germany-based Tengelmann, added that the investor would consider maintaining a reduced ...
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