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Albertsons Planned IPO Would Strengthen Balance Sheet

2015-07-16 14:00:00| National Real Estate Investor

After gobbling up one of its biggest competitors earlier this year, Albertsons Companies Inc. is now pursuing an IPO. The Boise, Idaho-based company filed a registration statement with the Securities and Exchange Commission to sell shares of its common stock. read more

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As GM's Stock Falls Below IPO Price, Risk and Vulnerability Rise

2015-07-15 07:05:10| Auto Dealers - Topix.net

The decline is unlikely to force GM to reconsider merger overtures, but does highlight the automaker's vulnerability. The weakness -- attributable to general market malaise, fears over slower growth in China and uncertainty over the sustainability of near-record U.S. auto sales -- has erased all of the gains GM made earlier this year after activists first pressured the company to return more cash to shareholders.

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Ferrari IPO could come any day now

2015-07-13 00:00:25| Automakers - Topix.net

According to Bloomberg , Fiat Chrysler Automotive Sergio Marchionne told reporters at the Toronto Global Forum that the Ferrari IPO could come any day now. "We are days away from filing the prospectus," said Marchionne, who declined to confirm whether rumors of involvement from UBS Group AG, JPMorgan Chase & Co and Goldman Sachs Group were accurate.

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CEO: Ferrari IPO now 'days away'

2015-07-11 06:19:02| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne said today that the automaker is days away from filing its prospectus for a public stock offering for at least 10% of Ferrari's shares. Marchionne first CEO: Ferrari IPO now 'days away' Fiat Chrysler Automobiles CEO Sergio Marchionne said today that the automaker is days away from filing its prospectus for a public stock offering for at least 10% of Ferrari's shares.

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Acme owner plans IPO

2015-07-09 19:56:13| Grocery - Topix.net

Albertsons, the 2,200-store, 265,000-worker grocery group that operates Acme and Safeway supermarket area and Vons, Jewel-Osco, Sav-On, Shaw's and other markets and pharmacies in the West, Midwest and South, plans to sell new shares in an initial public stock market offering . The group ranks behind Walmart and Kroger among the largest U.S. grocery chains.

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