Cerberus in talks with Safeway
Private equity firm Cerberus Capital Management is currently in talks with US supermarket chain Safeway about a possible transaction, a person familiar with the matter said yesterday. Cerberus was one of the buyout firms that approached Safeway last year about a possible deal, Reuters said. Safeway said earlier yesterday it was in talks about possibly selling itself. A Safeway spokesperson could not be reached for comment on the talks with Cerberus.