NEWS WATCH: TESCO DENIES INTEREST IN BUYING ALBERTSONS... MOODY'S LOWERS RATINGS ON ALBERTSONS' DEBT... WAL-MART BUYS AHOLD'S STAKE IN RETAILER...

TESCO DENIES INTEREST IN BUYING ALBERTSONSatly denied any interest in buying Albertsons, according to British press reports last week. "We've no interest in Albertsons as a company," Terry Leahy, chief executive officer, told BBC Radio 4 here. However, he said Tesco remains interested in entering the U.S. marketplace. "We've been researching the United States for a long time. I think one of my first

TESCO DENIES INTEREST IN BUYING ALBERTSONS

atly denied any interest in buying Albertsons, according to British press reports last week. "We've no interest in Albertsons as a company," Terry Leahy, chief executive officer, told BBC Radio 4 here. However, he said Tesco remains interested in entering the U.S. marketplace. "We've been researching the United States for a long time. I think one of my first jobs when I joined Tesco in 1983 was to go and research the United States, and w

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