The rumor that Safeway Plc in the UK was in discussions with Wal-Mart to be acquired by the company and integrated into its Asda Group once again gained momentum in European markets this morning.
While Asda isn’t commenting, Reuters reported that a spokesman for Safeway said, “We are not in talks with anybody, we’ve had no approaches and our aim is to remain independent.”
While Asda isn’t commenting, Reuters reported that a spokesman for Safeway said, “We are not in talks with anybody, we’ve had no approaches and our aim is to remain independent.”
- KC's View:
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Now this rumor is one we can see happening.
But we have a better idea. Let’s combine the two rumors and start our own:
Safeway (UK) To Be Acquired By Royal Ahold!
Actually, that one may make a sort of sense…wonder if they’ve ever considered it?
