A&P CANADA GOING STRONG, BUT COULD BE SOLD

MONTREAL (FNS) -- Speculation continues to grow that A&P Canada, a wholly owned subsidiary of A&P, Montvale, N.J., will soon be sold to help pay down debt of its struggling parent.A&P declined to comment on the matter.The Canadian division has been a rock-solid performer over the last few years, contributing between 25% and 42% of A&P's operating profit, according to Perry Caicco, merchandising analyst

MONTREAL (FNS) -- Speculation continues to grow that A&P Canada, a wholly owned subsidiary of A&P, Montvale, N.J., will soon be sold to help pay down debt of its struggling parent.

A&P declined to comment on the matter.

The Canadian division has been a rock-solid performer over the last few years, contributing between 25% and 42% of A&P's operating profit, according to Perry Caicco, merchandising analyst at National Bank Financial, Toronto.

For fiscal

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