US giant Wal-Mart set to bid for Safeway

US stores giant Wal-Mart entered the battle for Safeway today by confirming it was considering an all-cash bid for the UK’s fourth-largest supermarket group.

US giant Wal-Mart set to bid for Safeway
Tue, 14 Jan, 2003 - 08:13

US stores giant Wal-Mart entered the battle for Safeway today by confirming it was considering an all-cash bid for the UK’s fourth-largest supermarket group.

Wal-Mart bought Asda in 1999 and its decision to throw its hat into the ring means a fierce three-way fight for Safeway is set to take place.

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CourtsHeathrowPlace: USPlace: UKOrganisation: Wal-MartOrganisation: SafewayOrganisation: AsdaOrganisation: MorrisonsOrganisation: Morrisons’
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