Albertsons Is Interested In Buying Whole Foods, Report Says

Albertsons is apparently still shopping around in the organic aisle.

The grocery chain’s owner is reportedly considering a takeover of high-end grocer Whole Foods Market Inc., according to a report Monday from the Financial Times. The news comes just weeks after Bloomberg reported that Albertsons had preliminary discussions about merging with another organic grocery chain, Sprouts Farmers Market Inc.

Citing unnamed sources, the Financial Times said Cerberus Capital Management — a New York private equity firm that owns Albertsons and Safeway among other grocers — has had early talks with bankers about making a bid for Whole Foods.

Whole Foods, Albertsons and Cerberus all declined to comment on the Financial Times report.

To read the rest of the story, please go to: Los Angeles Times