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Loblaw Buying Canada Safeway No Pipe Dream: Real M&A

2013-01-03 09:43:43| Grocery - Topix.net

Loblaw plans to put more than C$7 billion of property into a real estate investment trust that will be sold through an initial public offering by mid-2013. While Loblaw will still own more than 80 percent of the REIT, it may receive C$670 million from the deal, according to Toronto-Dominion Bank.

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