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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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public
acquisition
safeway
Albertson's management team takes control of Safeway
2015-04-13 01:11:08| Grocery - Topix.net
Bob Miller, current Executive Chairman of Albertson's, Inc., the new owner of Pleasanton-based Safeway Inc., has been appointed to the additional role of Chief Executive Officer, succeeding Safeway's former CEO Robert Edwards. Edwards will continue on with the newly-merged company as Vice Chairman providing counsel to its board of diretors and the organization on key strategic and integration matters.
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management
team
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Pair Steals Baby Formula From Pleasanton Safeway, Lead Officers on High Speed Chase
2015-04-10 02:21:42| Grocery - Topix.net
A man and a woman are scheduled to be arraigned today on charges that they stole baby formula from a Pleasanton grocery store and then led police on a high-speed chase. Pleasanton police said officers who were patrolling the parking lot at the Safeway store at 6790 Bernal Ave. early Wednesday spotted a man later identified as 21-year-old Demarko Luke, of Oakland, running out of the store carrying two baskets of Enfamil baby formula.
California developer Terramar buys three Hawaii shopping centers from Safeway for $156M
2015-03-14 19:17:07| Grocery - Topix.net
California-based Terramar Retail Centers, which last year, acquired the Safeway-anchored Laulani Village shopping center in Ewa Beach for $99.5 million, has purchased three more shopping centers in Hawaii. Terramar Retail Centers, a California-based shopping center owner and developer, has completed the purchase of three retail centers in Hawaii from Safeway's development arm for about $156 million, as part of a bigger $830 million acquisition of centers along the West Coast and Hawaii, according to public records.
Tags: shopping
california
centers
hawaii
Sobeys profit boosted by Canada Safeway acquisition a year ago
2015-03-12 21:15:52| Grocery - Topix.net
The parent of the Sobey's grocery chain earned $123.6 million in its latest quarter, a big increase from a year ago helped by its Canada Safeway acquisition. Empire Co.
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