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Albertsons in talks to acquire Sprouts Farmers Market

bizjournals Tuesday, 21 March 2017 ()
Albertsons is reportedly in early discussions to merge with organic grocery chain Sprouts Farmers Market. The deal would take the Phoenix-based Sprouts private and add it to the Albertsons’ portfolio, according to Bloomberg. The Boise, Idaho-based Albertsons currently owns its own eponymous grocery stores and the Safeway store brand. The Sprouts acquisition talks are in the early stages and may not result in a deal. If deal talk moves forward, the company could fetch as much as $26 a share,…
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