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US: Albertsons considering Whole Foods buy

By  |  May 1, 2017

Albertsons is considering buying Austin-based Whole Foods, according to the Austin Business Journal.

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    No bid has been placed at this time. The Austin Business Journal reports Whole Foods has also an investment banking advisory firm, to advise it on a strategic review of it operations. Albertsons has more than 2,000 stores nationwide, after it bought out Safeway for $9 billion in 2015.

    According to the Austin Business Journal, only Wal-Mart and Kroger collect more grocery revenue nationwide.

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