NEWS WATCH

Retailer Joins Quest for Acquisition of Safeway U.K.afeway U.K. bid proposal to the Office of Fair Trading here on Monday night. This is the latest move in the six-way contest for the supermarket group. Green's offer comes after submissions from British supermarket operators William Morrison Supermarkets, J Sainsbury, Tesco and Wal-Mart/Asda. Kohlberg Kravis Roberts, the buyout specialist from the

Retailer Joins Quest for Acquisition of Safeway U.K.

afeway U.K. bid proposal to the Office of Fair Trading here on Monday night. This is the latest move in the six-way contest for the supermarket group. Green's offer comes after submissions from British supermarket operators William Morrison Supermarkets, J Sainsbury, Tesco and Wal-Mart/Asda. Kohlberg Kravis Roberts, the buyout specialist from the United States, has also showed interest but is yet to make a formal offer. Green w

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