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AB Acquisition looking to take Safeway public this year-CNBC

2015-04-28 01:04:37| Grocery - Topix.net

AB Acquisition LLC, the holding company that owns Safeway Inc, has hired IPO bankers to plan an initial public offering for the grocery store chain later this year, CNBC reported, citing sources with knowledge of the matter. The IPO would raise more than $500 million, but the timing and size of the offering remains fluid, CNBC cited the sources as saying.

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