Woolworths could interest Tesco or Sainsbury's
Woolworths [ASX: WOW] could interest a UK supermarket chain such as Tesco [LON: TSCO] or Sainsbury’s [LON: SBRY], The Australian reported.
According to the unsourced report, Woolworths has suffered from falling profits, which have impacted its share price. The item noted that KKR [NYSE: KKR] could also be a potential buyer. KKR once tried to buy Woolworths’ rival Coles, the item noted.
Woolworths has a market capitelisation of AUD 33.7bn (USD 23.9bn).
The Australian