Tengelmann Seeking A&P Exit: Report

MONTVALE, N.J. — The Tengelmann family is considering selling its stake in A&P, according to a report in a German newspaper.

MONTVALE, N.J. — The Tengelmann family is considering selling its stake in A&P, according to a report in a German newspaper.

The report in Lebensmittel Zeitung said the Tengelmann Group, whose scion Christian Haub is A&P’s chairman, had doubts about the retailer’s turnaround plan.

Tengelmann was the largest shareholder in A&P before the chain filed for bankruptcy protection in December. A

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