The Co-operative Group may buy supermarket chain Somerfield in a deal worth up to £2 billion from its private equity owners next week, the Sunday Express reported.
The Co-op is expected to sell some Somerfield stores to rivals, said the newspaper.
A consortium including Apax Partners Worldwide LLP, Barclays Capital and the Tchenguiz Family Trust bought Somerfield in December 2005.
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