Albertsons Cos. is preparing for an initial public offering, which could value the grocery giant at around $19 billion, according to The number of confirmed cases of the coronavirus illness COVID-19 world-wide rose above 20.7 million on Thursday and the U.S. suffered its biggest death toll since May with almost 1,500 fatalities counted in a single day.

Albertsons Cos last night called off its merger with Rite Aid that would have provided its private equity owners, Cerberus Capital Management , … The firm has affiliate and advisory offices in the United States, Europe and Asia. The company is a U.S. Securities and Exchange Commission Reg… The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992 with William L. Richter, who serves as a senior managing director. By using this site you agree to the

About Apollo: Cerberus Business Finance is a premier middle-market direct lending platform offering one-stop financing solutions to private equity sponsors and leading … Albertsons Cos. is emerging from Cerberus Capital Management’s portfolio in a shrunken, below-range initial public offering raising only $800 million. In 2015, Albertson’s bought Safeway for $9.2 billion. Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York.

You can find out more about which cookies we are using or switch them off in This website uses cookies so that we can provide you with the best user experience possible. Albertsons Companies is one of the largest food and drug retailers in the United States.

Albertsons Cos., the supermarket chain backed by private equity firm Cerberus Capital Management, filed for an initial public offering, disclosing growing profitability. Cerberus-owned Albertsons preparing for an IPO amid improved performance and strong stock market: WSJ ... Albertsons is owned by private-equity firm Cerberus Capital Management… Albertsons Companies is backed by an investment consortium led by Cerberus Capital Management, L.P., which also includes Kimco Realty Corporation (NYSE: KIM), Klaff Realty LP, Lubert-Adler Partners LP, and Schottenstein Stores Corporation. This means that every time you visit this website you will need to enable or disable cookies again.This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.Keeping this cookie enabled helps us to improve our website.Please enable Strictly Necessary Cookies first so that we can save your preferences.Cerberus Business Finance is a premier middle-market direct lending platform offering one-stop financing solutions to private equity sponsors and leading businesses since 1995.One of Cerberus' core strategies since our inception, our Corporate Credit platform has invested more than $32 billion over the past 27 years.For more than 20 years, Cerberus has seamlessly integrated our investment and operating teams to lead successful business transformations and drive long-term value.Since 1993, Cerberus has thoughtfully constructed a global Real Estate platform to invest across sectors and investment cycles.Cerberus is one of the world’s leading investors in Non-Performing Loans (NPLs) and NPL portfolios since 1998.Our Residential Opportunities platform has extensive and complementary mortgage expertise and is a leading investor in single-family rental properties.Our Commercial Mortgage-Backed Securities (CMBS) investment team comprises professionals with extensive backgrounds in commercial real estate, trading, and structuring.Cerberus Frontier is at the forefront of private investing in some of the world’s fastest growing economies with an established record of delivering strong investment returns, while providing unique exposure to untapped frontier markets.

Synergies across our multi-disciplinary investment platforms help us drive value.Our operating capabilities give us a competitive edge to improve performance, enhance value, and create market leaders.Our cohesive team has over 80 managing directors and senior leaders who have been together for more than a decade.Assets across credit, private equity, and real estate© 2020 Cerberus Capital Management, L.P. Data as of May 1, 2020 unless otherwise noted.We are using cookies to give you the best experience on our website. Cerberus Capital Management — the buyout fund that owns grocery giant Albertsons — has made surprise concessions in a deal with the US government, agreeing to …