Sunday, May 7, 2017

Reports say Albertsons looking to acquire Whole Foods

It has been widely reported in the last couple weeks that Albertsons has been exploring a takeover of Whole Foods, which is reportedly exploring the possibility of a sale.

The speculation comes just a couple weeks after Whole Foods investor Jana Partners raised concerns about Whole Foods' management.

Earlier this year there were reports that Albertsons was exploring a takeover of Sprouts Farmers Market. Some analysts have suggested that acquiring a public company might help Albertsons have a successful public offering of its own, which is something the company has attempted to do before.

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