Home › UPDATE 1-Safeway acquisition boosts Sobeys owner Empire's profit
 

Keywords :   


UPDATE 1-Safeway acquisition boosts Sobeys owner Empire's profit

2014-12-13 14:02:21| Grocery - Topix.net

Empire Co Ltd, the owner of Canadian grocery chain Sobeys Inc, reported a better-than-expected quarterly profit, boosted by its acquisition of the Canadian assets of U.S. supermarket chain Safeway Inc. Empire's shares, which have rallied in the run-up to the results, were down 2 percent at C$83.72 in midday trading on the Toronto Stock Exchange. It reached a record high of C$86.49 earlier in the session.

Tags: update owner profit acquisition

Category:Food and Related Products

Latest from this category

All news
»
05.10Hurricane Leslie Graphics
05.10Hurricane Leslie Forecast Discussion Number 11
05.10Hurricane Leslie Wind Speed Probabilities Number 11
05.10Hurricane Leslie Public Advisory Number 11
05.10Summary for Hurricane Leslie (AT3/AL132024)
05.10Hurricane Leslie Forecast Advisory Number 11
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 23
More »