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Sobeys receives approval for Safeway purchase from Competition Bureau

2013-10-23 02:47:40| Grocery - Topix.net

The federal Competition Bureau has approved the $5.8-billion purchase of grocer Safeway Canada by Sobeys, but only on condition that the Nova Scotia-based supermarket operator put 23 stores in Western Canada up for sale.

Tags: purchase approval competition bureau

 

Exclusive: Cerberus, others explore deal for Safeway - sources

2013-10-23 02:47:38| Grocery - Topix.net

A handful of buyout firms, including Cerberus Capital Management LP, are exploring a deal for all or part of supermarket chain Safeway Inc , according to people familiar with the matter, in what could potentially shape up to be one of the largest leveraged buyouts since the financial crisis.

Tags: deal sources explore exclusive

 
 

Safeway increases buyback plan by $2 billion, shares rise

2013-10-19 09:59:18| Grocery - Topix.net

Safeway Inc said on Friday its board authorized an additional $2 billion in stock repurchases, adding to the roughly $800 million the grocery store operator had left under an existing authorization at the end of the third quarter.

Tags: plan rise increases shares

 

Safeway boosting its buyback by $2 billion

2013-10-18 17:16:00| Grocery - Topix.net

Safeway Inc. said Friday that it had about $800,000 remaining under its previously authorized buyback through the end of the third quarter.

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Avis Black of Safeway Inc. talks trends in retail and supermarket development

2013-10-16 08:26:40| Grocery - Topix.net

Avis Black, real estate director for Safeway Inc.'s Eastern Division, was one of the panelists during a "Redefining Retail" panel hosted Tuesday by the Washington, D.C. chapter of Commercial Real Estate Women.

Tags: black development retail avis

 

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