CINCINNATI — A rise in credit default swaps and heavy volume in stock option positions in Kroger Tuesday raised anew reports that the retailer here could be the target of private equity interests. An observer quoted in a Reuters article Tuesday said, “They are possibly in play right now.” Credit default swaps, or the cost to insure Kroger’s debt, climbed by around 4 basis points Tuesday. Similar activity in April initially began speculation that Kroger could be a leveraged buyout candidate. ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.